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[In political, socio-economic and environmental respects the last few decades of the twentieth century were characterized by changes without precedents. From a political view, humanity saw the collapse of the ‘second world’ resulting in the end of a simple and classifiable world. It was said, history came to an end, and western ideas became the leading ideology. Democracy in all its variations spread and was adopted by more and more countries and societies. The victory of western ideas meant also the triumph of capitalism and liberalization policies were increasingly pursued as the new economic paradigm. By pushing for open markets and free-trade, this economic shift was strongly promoted by the Bretton Woods Institutions and the World Trade Organization (WTO). Together with economic globalization, which was accelerated by advances in information and communication technologies, these developments brought many benefits and a considerable number of people was lifted out of poverty. However, the advantages are unevenly distributed since the majority of people and even entire regions are excluded from globalization or are unable to participate.]
Published: Jan 5, 2017
Keywords: World Trade Organization; Informal Settlement; Housing Situation; Slum Dweller; Housing Issue
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