Denis
Goulet, in The Social Dimensions of Globalization, ed. Louis
Sabourin (Vatican City: Pontifical Academy of Social Sciences,
2000, 26-46)
As the UNDP notes, economic development is a means to a
broader end: qualitative human development. Pursuing economic
development as an end leads to serious distortions. Correction
requires using market competition as a social mechanism,
not as an operating principle. Globalization produces good
and bad effects. The entry into arenas of development decision-making
of new actors NGOs and other agents of civil society reframes
the terms of development debates. There are growing demands
from affected populations and institutional actors in civil
society to define their own development. This challenges
elite decision-making of dominant international financial
institutions, great power governments, and large international
business firms.
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