Many are questioning why the Obama administration is covertly pushing for Bangladesh to reverse course and acquiesce to an internationally condemned open-pit mine that will displace an estimated 100,000-200,000 villagers.
The concern for inclusive growth, or a growth pattern that includes all income strata, is not new. What is different is the nascent realization that without it, sustained growth will not be possible in the future.
The search for financial stability, through regulatory or macroeconomic policy, is just beginning. Should developing countries wait for new global standards to emerge, or tailor their own regulatory strategies?