7 Items

Ghana has gone through economic stagnation and negligible participation in the global trading system despite its gold mines and cocoa plantations.

EnzoRivos Photo CC

Journal Article - Journal of Policy and Complex Systems

Complexity, Innovation, and Development: Schumpeter Revisited

| Spring 2014

The role of innovation and entrepreneurship is increasingly getting policy attention in emerging countries. A growing body of literature is deriving its inspiration from the work of Joseph Schumpeter. His seminal 1911 book, The Theory of Economic Development, outlined a general framework for understanding the role of innovation and entrepreneurship in economic transformation. Despite Schumpeter's influence on economic policies in industrialized countries, there has been little application of his work in emerging countries.

Magazine Article - Outreach

Profile: Calestous Juma

| December 15, 2011

"The Rio+20 process is an important reminder of the urgency to guide global production and consumption patterns with sustainability principles. Sadly, there is really no genuine global institution that is championing sustainable development. The vision that inspired Rio has been supplanted by two extreme positions. The first is a group that believes economic growth will have trickle-down benefits for the environment. The environmental camp has successfully replaced the spirit of Rio with a one-sided agenda that leaves little room for recognising the central role that human wellbeing plays in natural resource management."

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Journal Article - Global Governance

Millennium Development Goals: Why They Matter

| October 2004

My development goals have been set by the United Nations since the first "development decade" of the 1960s. What is new about the Millennium Development Goals (MDGs)? First, an unprecedented assembly of the world's heads of state generated them when they met in September 2000. Second, the goals put human development-poverty and people and their lives-at the center of the global development agenda for the new millennium, a shift away from growth as the central objective of development. Third, MDGs are not just aspirations but provide a framework for accountability; they do not simply state ideals but go on to define concrete goals that can be monitored. Fourth, they address not only development outcomes but also inputs from rich countries, thus forming a compact that holds both rich and poor governments accountable for opening markets, giving more aid and debt relief, and transferring technology.