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1 results

  • 13 - International Economics and Development

  • from Part IV - World Order and Global Policy
  • Edited by Jean-Marc Coicaud, Rutgers University, New Jersey, Lynette E. Sieger, Rutgers University, New Jersey
  • Book:
    Conversations on Justice from National, International, and Global Perspectives
    Published online:
    14 December 2018
    Print publication:
    03 January 2019, pp 308-331

  • Summary

    The focus of Michael Spence in this chapter is economic development and the evolving relationship between developed and developing countries. In exploring these issues, Spence highlights the centrality of economic growth. In this perspective, he argues that economic growth is not sufficient to generate sustainable development. What is also critical is good governance. In the conversation Spence recognizes as well that the gap between rich and poor is a major problem, in part accounting for the rise of populism. This problem has to be addressed.