By Yash Tandon, Benjamin W Mkapa
Demanding the misdirected guidelines of the final 30 years concerning the South's accountability to boost itself instead of count on the North to hold the load, this book offers replacement thoughts and paradigms of improvement for coverage makers and peoples' hobbies on a large range of issues. It invitations readers to "dare to imagine in a different way" and pay attention to what globalization has became lately.
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Extra info for Development and Globalisation: Daring to Think Differently
These relations are setting the norms and rules by which these countries become further tied to the older wealthier countries of the North, which, ironically, are themselves in the throes of an economic and financial crisis. Even as the relatively few wealthy countries of the South are partially ‘decoupling’ from the North, the majority of their poorer sister nations are ‘recoupling’ with the North. Just as some of the bigger countries in the South are getting wealthier, their poorer brethren in the South are getting neocolonised.
These relate to poverty, land distribution and the evolving ethnic and class nature of society, the origins of which go back to the colonial period. External mediation can help pave the way, but the underlying causes and the difficult task of nation-building will have to be ultimately addressed by the peo‑ ple and political leadership of the country. Take the war in Darfur as another example. The earlier civil war in the South of the Sudan had both ethnic and religious dimensions. In Darfur, the main fault lines appear to be ethnic and tribal.
So the final lesson to learn from the present conjunctural crisis of the financial system is that the leaders of the South must now take the lead, in discussion with their peoples, to try and build a different world based on a different paradigm in contrast to the 400-year-old capitalist paradigm that is now meeting its denouement in the North. 16 1 Rethinking the development paradigm Time for a new Bretton Woods conference 16 October 2008 The long drawn out process leading to the Financing for Development (FfD) review conference to be held in Doha at the end of November is reaching its final stage.