A more global South

A striking feature of the world scene in recent years is the transformation of many developing countries into dynamic economies that are doing well in economic growth and trade and progressing rapidly on human development. During these uncertain times, they are collectively bolstering world economic growth, lifting other developing economies, reducing poverty and increasing wealth on a grand scale. They still face formidable challenges and are home to many of the world’s poor. But they have demonstrated how pragmatic policies and a strong focus on human development can release the opportunities latent in their economies, facilitated by globalization.

Related Subject(s): Economic and Social Development