Overcoming economic insecurity: Issues at stake

At the end of the cold war, the easing of long-standing political tensions coupled with a rapidly integrating world economy held out high hopes for a new era of peace, prosperity and stability. This became the moment when getting prices right would guarantee big efficiency gains and unleash the dynamic forces of competition and risk-taking. Armed with a ready set of explanations of how unfettered markets lift all boats, trigger converging incomes and put an end to stop-go cycles, conventional economists helped fashion a policy consensus for the new era.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action