Where is Brad on this?
-----Original Message-----
From: Robert Naiman [mailto:[EMAIL PROTECTED]]
Sent: Wednesday, June 27, 2001 1:50 PM
To: Robert Naiman
Subject: [PEN-L:14099] CEPR: "The Scorecard on Globalization 1980-2000:
20 Years of Diminished Progress"
*please post*
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new economy communications
1320 18th street nw #500 washington dc 20036
(202) 721-0111
MEDIA ADVISORY CONTACT: Ira Arlook (202)
721-0111
EMBARGOED UNTIL MONDAY, JULY 9, 2001
Pre-release interviews with the authors and
embargoed copies of the study are available June
25th--July 11th
NEW STUDY CASTS DOUBT ON BENEFITS OF GLOBALIZATION
Cites Data on Economic Growth,
Health, and Education
CALLS TRACK RECORD ONE OF SHARPLY DIMINISHED
PROGRESS
In a study entitled "The Scorecard on
Globalization 1980-2000: Twenty Years of
Diminished Progress," economists Mark Weisbrot and
Dean Baker, co-directors of the Washington-based
Center for Economic and Policy Research (CEPR),
find that the era of globalization has brought
substantially less progress than was achieved in
the previous twenty years. "The data provide no
evidence that the policies associated with
globalization have improved outcomes for
developing countries," the study concludes.
This analysis of data for a forty-year period
challenges economists and policy makers who cite
globalization as an engine of growth while
pressing for policies that strengthen the trend.
The study also serves as a backdrop to the
upcoming release of the United Nations Development
Program's Human Development Report on July 11.
Using standard measures of economic growth, health
outcomes, education and literacy, the CEPR study
compares the progress achieved during the period
preceding globalization 1960-80, with the period
from 1980 to 2000, which was characterized by the
reduction of tariff and non-tariff barriers to
trade, the removal of restrictions on
international investment flows, and increasing
intervention by the International Monetary Fund
and the World Bank on a wide range of economic and
policy issues.
The authors observe that while this evidence does
not prove that the policies associated with
globalization were responsible for the
deterioration in economic performance, "it does
present a very strong prima facie case that some
structural and policy changes implemented during
the last two decades are at least partly
responsible for these declines."
Requests for interviews or copies of the study
should be directed to Mark Weisbrot at the Center
for Economic and Policy Research from Monday, July
2 through Wednesday, July 11th. (202) 423-6762;
293-5380 ext. 228.
