HDR 1992 - Global Dimensions of Human Development
AbstractThe world has a unique opportunity to use global markets for the benefit of all nations and all people. The 2002 Report looks at the workings of these global markets - at how they meet, or fail to meet, the needs of the world's poorest people. The outcome of this task highlights a serious problem: the richest 20% of the population now receives 150 times the income of the poorest 20%. While supplementing the analysis of domestic policy issues, this Report attempts to place global markets in proper perspective. It suggests a two-pronged strategy to get out of the dilemma of equitable distribution. First, making massive investments in their people and strengthening national technological capacity can enable some developing countries to acquire a strong competitive edge in international markets (witness the East Asian industrializing tigers). Second there should be basic international reforms, including restructuring the Bretton Woods institutions, setting up setting up a Development Security council within the United Nations, and convening a World Summit on Social Development to consider a global compact for all nations and all people.
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Bibliographic InfoThis book is provided by Human Development Report Office (HDRO), United Nations Development Programme (UNDP) in its series Human Development Report (1990 to present) with number hdr1992 and published in 1992.
human development; markets; growth; distribution; global equity; reform;
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