Development policy and international economic cooperation

Economic growth in 2000 was unexpectedly and unusually high and widespread. World output, which jumped to 4 per cent from 2.8 per cent in 1999, the strongest increase in more than a decade, was associated with double-digit growth in the volume of international trade. The developed economies, especially North America, were important sources of the strong performance. Although the economic situation of most developing countries also improved significantly, recovery from the setbacks of the financial crises of recent years remained incomplete. In many cases, employment and real wages had not returned to pre-crisis levels and broad negative social consequences persisted.

Sustainable Development Goals:

Peace, Justice and Strong Institutions

Partnerships for the Goals