Rethinking the development agenda

This paper calls for a development agenda based on five majorpremises: (1) a more balanced form of globalisation based ona genuine respect for diversity; (2) a broad view of macroeconomicstability, which provides an adequate role for counter-cyclicalpolicies; (3) the need to complement macroeconomic stabilitywith active productive development policies; (4) strong socialpolicies and the mainstreaming of social objectives into economicpolicies to guarantee adequate linkages between economic andsocial development; and (5) the recognition that developmentinvolves broader human development goals.