Political Economist

Brief introduction

Last 25 years have shown a sharp slowdown in the growth of GDP per capita, a decline in the rate of improvement for life expectancy, (both adult and child) mortality rate, a drastic reduction in the rate of public spending especially on education and other social spending.

Since the last 25 years is characterized by the age of "globalization" or "liberalization," it is quite plausible to guess that there is close linkage or causal relationship between these socioeconomic results (the aggravation of the overall quality of life) and the unfettered liberalization policy.

In the following research paper, the author Mark Weibrot, et. al traces the patterns of economic growth in most countries in the world and the changes in public policy. He concludes that even though it is difficult to attribute these survey results to the single policy change driven by blind globalization policy, it is not unjustifiable to say that further debates and researches should pay attention to the effects of globalization before adopting any drastic policy change. 

The Scorecard on Development - 25 Years of Diminished Progress

http://www.cepr.net/publications/development_2005_09.pdf