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Fast, fair growth for developing countries - 26/05/2008

Urban traffic in China

Developing countries could achieve high levels of sustainable, inclusive growth if their leaders make them part of the global economy.

According to the report by the commission on growth and development, the potential of developing countries for economic growth is largely in the hands of their own political leaders and economic experts.

As well as participating in the global economy and improving governance, the report lists the following strategies for sustained growth and inclusive development Englishespañolfrançais :

  • public and private investment in education, health and urban development
  • environment and energy efficiency
  • links between urban and rural environments.

Each should, of course, be adapted to the specific situation in each country.

The report also stresses that growth is a means to an end and not an end in itself: without growth, there is no reduction in poverty. 

The report is the fruit of two years studying economies which have achieved growth of at least 7% a year for 25 years or more since the Second World War - including Botswana, Brazil, China, Korea, Hong Kong, Indonesia, Japan, Malaysia, Malta, Oman, Singapore, Taiwan and Thailand.

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