Institutional reform

If the past 25 years of efforts to foster economic development in third world countries has taught us any lesson, it is that an exclusive focus upon the purely economic factors affecting a country’s development will prove unsuccessful. While macroeconomic indices of growth may show increases in a country’s GNP and average per capita income at the same time in many countries of the region the gap continues to widen between the rich and the poor, between the educated and the illiterate, between those with access to the best of medical attention and those still suffering from age-old diseases, between those who are clearly a part of the mainstream of a country’s economic progress and those who remain unseen, unheard and disregarded. In short, in contradiction to the evidence concerning modernization and economic progress, there exists a population, annually growing in size, which is the poor.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities