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Press Release: Trickle-down economics is not a tenable premise for development, leading economists argue in Stockholm StatementThirteen of the world's leading development economists* — including four former Chief economists of the World Bank and 10 prominent members of the UNU-WIDER global network — have released the Stockholm Statement, in which they summarize what they see as the core principles for development policy-making going forward. Traditional economic thinking no longer applies. Inequality within countries is threatening social cohesion and economic progress, and development needs to be seen in a broader perspective in order to achieve more equitable and sustainable results
