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Return of elitist growth is driving inequalities
Residents of Shanty Slums in Nairobi Waiyaki whose houses were burnt down in February last year. PHOTO | FRANCIS NDERITU
The 1980s had a profound impact on the global financial and economic system. International trade in goods, services, and financial capital became more widespread than ever before.
Spearheaded by the United States and the United Kingdom, the pace of globalisation accelerated, thereby affecting economic growth, development of commerce, evolution of information, communication technology and the labour market.
