Pisani-Ferry, Jean. (2008) Progressive Governance and Globalisation. Bruegel policy contribution, April 5, 2008. [Policy Paper]
Progressive Governance emerged in the 1990’s from a critical assessment of the policy failures of economic strategies pursued in the 1970’s and the 1980’s by governments of the centre-left and the left. Drawing lessons from these failures as well as building on a largely common reading of the changes under way in the world economy, a series of quasi-simultaneous policy experiments in advanced and developing economies introduced major innovations to the agenda and the policy toolkit. A key dimension of this reassessment concerned attitudes towards globalisation and economic openness. A decade has passed since this agenda was first formulated. It has been rich in surprises and lessons for policymakers, and the objective of this note is to discuss what has been learned that could help in reassessing the Progressive Governance approach to globalisation.
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