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| | TFF Jonathan Power Columns (Site not responding. Last check: 2007-10-22) |
 | | Haq was convinced that the contemporary obsession with increased income per head blinded both observers and participants to the tremendous advances that could be made in social well-being, even in quite poor countries, with only a modest rise in incomes. |
 | | The challenge, argued Dr Haq, which these countries met, is to combine high levels of human development, low unemployment and rapid economic growth, creating a virtuous circle in which productivity rises and triggers an increase in real wages which, in turn, attracts more investment in human capital, in education, and in access to social services. |
 | | Not surprisingly, Dr Haq was a strong critic of the tactics of the International Monetary Fund during the current Asian crisis. |
| www.transnational.org /forum/power/1998/pow22-07.html (951 words) |
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