Problem
Unequal global distribution of economic growth
Other Names:
International imbalance of economic activityUnsynchronized national economic growth
Differential economic performance among countries
Disparities in economic growth between countries
Nature:
The incidence of external shocks and of the evolution of the external environment has depended on the type and degree of exposure to external trade and finance, in particular a country's initial position as regards the size and structure of its trade and debt. However, developing countries have not been merely passive victims of exogenous shocks. Their own policies have had a significant influence on the extent to which external factors have affected their economic performance. Countries have also differed in their underlying potential for adjustment owing to differences in the size and diversity of their tradeable goods sectors and the level of income, consumption and investment, as well as the overall size, geographic location, climate, natural resource base and population.
Broader Problems:
Regional disparitiesUnbalanced growthGlobal economic stagnationInternational economic injustice Narrower Problems:
Imbalance in world food economyUnbalanced industrial distributionUnequal distribution of production among countries Related Problems:
Imbalance in economic relationships among countries Aggravates:
Sectoral imbalancesDisparities in unemployment within countriesUnprotected migrant workers Strategies:
Reducing economic imbalances among industrial countriesPromoting sustainable development through world trade agreementsIncreasing international economic cooperationDeveloping economicallyMaintaining disparities among developing countriesExploiting disparities among developing countriesStandardizing economic growth among countriesStandardizing international consumption of resourcesMaintaining international disparity in the consumption of resourcesExploiting international disparity in the consumption of resourcesReducing international disparity in the consumption of resourcesExploiting disparity between industrialized and developing countriesBalancing international economic activityPreserving global inequality of economic growth Subject(s):
Action → Action Development → Development
Economics → Economic
International Relations → Planetary initiatives
Societal Problems → Imbalances
Transportation, Telecommunications → Distribution
Related UN Sustainable Development Goals:
Problem Type:
C: Cross-sectoral problems Date of last update
04.10.2020 – 22:48 CEST