This year’s Trade and Development Report demonstrates that the conditions for achieving the Millennium Development Goal of living by 2015 have improve considerably over the past three years, as economic growth in the developing world has become more broad-based and embraced many of the poorest countries. At a time when the forces of economic expansion in some major developed countries have been slackening. Rapid economic development in both countries his growth for the world economy as a whole. Rapid economics in both countries has helped reduce levels of extreme poverty at home, by generating, employment and boosting incomes. It has also had positive effects beyond the two countries’ border, in particular in many other developing countries. How, the Report stresses that progress remains for slow too certain regions. In sub-Saharan Africa, which has the highest proportion of people living in extreme poverty, per capita income growth is still too low to make decisive progress. This only underscores the need for further action by international community to achieve and maintain Strong Global growth dynamics with board based participation.
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