strategy
Developing economically
Synonyms:
Sustaining economic growthEngendering economic well-being
Generating sustained economic growth
Developing economic base
Fostering economic growth
Nurturing economic growth
Promoting economic growth
Description:
Promoting and advancing economic growth and independence.
Implementation:
Average per capita incomes in developing countries rose 2.7% a year between 1950 and 1990. This represents the highest sustained rate if increase in history. At the regional level, Asian countries grew at an average rate of 5.2% a year in the 1970s and 7.3% in the 1980s, while growth in non-Asian developing countries decelerated from 5.6% in the 1970s to 2.8% in the 1980s. Asia was the only developing region to achieve sustained per capita income growth during the 1980s. Per capita income in developing countries fell on average in 1990 and 1991, after rising every year the previous 25 years, as a result of the fall of communism and recession in high-income countries. The most rapid economic growth rates are expected in East Asia.
Claim:
Economic policies conducive to sustained growth are among the most important measures governments can take to improve their citizens' health.
Narrower:
Developing knowledge economyTraining development task forceCreating common economic systemReconstructing economic relationsAccelerating national economic growthPromoting economic benefits of tourismInitiating economic development guildsInvestigating equitable economic growthDeveloping sustainable economic systemsCoordinating development of economic sectorsDeveloping industrial and economic activitiesMobilizing resources for economic developmentStrengthening global economic growth Guaranteeing substantial economic foundation Facilitates:
Reducing povertyAccumulating capitalReducing child mortalitySustaining relief with developmentStandardizing economic growth among countriesMinimizing economic cycle of boom and depressionImproving management systems for highland valleysUsing market forces to improve global environmentDecreasing development lag against population growth Facilitated by:
Liberalizing tradeResearching futuresReforming tax systemsRestructuring foreign aidResearching natural resourcesResearching economic developmentMonitoring world economic growthCultivating new employable skillsAdvocating sustainable developmentIntensifying existing resource useCoordinating economic growth plansCooperating in economic developmentRationalizing rapid economic growthRechannelling expenditure on defenceResearching environmental indicatorsPromoting community self-determinationImproving level of national investmentOccasioning public services developmentEstablishing transferable pollution rightsFlexible financing for economic developmentFacilitating economic structural adjustmentProviding incentives for efficient investmentGenerating new modes of economic distributionCorrecting inaccurate economic growth measuresPromoting environmentally sound economic growthFacilitating development of job-intensive sectorsPromoting improved resource flows to the poorest countriesStrengthening private sector's potential to create new jobsIntegrating humanitarian issues and sustainable developmentPromoting appropriate investment in research and developmentExploiting differential economic performance among countriesAssessing links between demographic factors and sustainabilityEnhancing political sustainability of structural adjustment policiesImproving institutional mechanisms for cost-effective debt negotiationResearching role of non-governmental organizations in international environmental governanceProviding a supportive international and national economic climate for sustained economic growth Problems:
Economic underdevelopment
Energy crisis
Environmental degradation
Global economic stagnation
Increasing unsustainability of global development
Unequal global distribution of economic growth
Unsustainable economic development
Unsustainable population levels
Organizations:
European Community World Resources Institute United Nations Development Programme Asian Development Bank Type Classification:
C: Cross-sectoral strategies Related UN Sustainable Development Goals:
