Development in an Interdependent World: old issues, new directions?

Why does development matter? It matters because we aspire to a more equal world, in which the possibilities of living well are available to all, and not just to a minority of the world’s population. That aspiration requires the convergence of living standards across the globe. Convergence in turn requires the economic development of countries with low standards of living and, in view of the threat of climate change caused by carbon emissions, paths of convergence that are consistent with a low-carbon future for our planet… more »