Some (mainly Asian) developing countries prospered in the 1980s. Many (typically in sub-Saharan Africa) regressed. The highly indebted countries stagnated. Perhaps a new Marshall Plan is needed to replace the tired marginalist approaches that are yielding such poor results.
Some (mainly Asian) developing countries prospered in the 1980s. Many (typically in sub-Saharan Africa) regressed. The highly indebted countries stagnated. Perhaps a new Marshall Plan is needed to replace the tired marginalist approaches that are yielding such poor results.