Simon Maxwell on “re-thinking Europe: what development can offer”

“Reading about Greece or Italy or Spain or Ireland today reminds me strongly of reading about and working in African countries in the mid-1980s – similarly crippled by debt crises, and similarly subject to external monitoring and interference,” writes Simon Maxwell,  Development Economist and former Director of the Overseas Development Institute, in a new blog post discussing the resonance of the human development approach to the current crises across Europe. “Rigorous monetarist discipline not only stopped growth in its tracks, but also undermined human welfare and, in many cases, destroyed the social contract.” Read more.