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economic policy and human rights
radhika balakrishnan
Synopsis "economic policy and human rights"
Macroeconomic Policy and Human Rights presents a powerful critique of three decades of neoliberal economic policies, assessed from the perspective of agreed upon human rights norms. In doing so, it brings together two areas of thought and action that have hitherto been separate: progressive economics concerned with promoting economic justice and human development; and human rights analysis and advocacy. Focussing on in-depth comparative case studies of the USA and Mexico and looking at issues such as public expenditure, taxation and international trade, the book shows that heterodox economic analysis benefits greatly from a deeper understanding of a human rights framework. This is something progressive economists have often been skeptical of, regarding it as overly individualistic, not grounded in an understanding of economic issues, or too deeply entrenched in ` Western ` norms, discourses and agendas. While such criticisms have some validity, the categorical rejection of the human rights framework is unwarranted. Instead, they can provide an invaluable ethical and accountability framework, challenging a narrow focus on efficiency and growth. This is an vital book for anyone interested in human rights and harnessing economics to create a better world.
