Based on recent trends, many middle-income countries are not growing fast enough to reach average income levels in the OECD countries by 2050. This includes several lower middle-income countries – such as India, Indonesia and Viet Nam – but also countries in the upper middle-income bracket, such as Brazil, Colombia, Mexico, and South Africa, said OECD Secretary-General.
UN Secretary General Ban Ki Moon and OECD Secretary-General Angel Gurría joined President Peña Nieto to open the High-Level Meeting with broad support for sustained global efforts in how effective development co-operation can lead to a stronger fight against poverty both now and in the post-2015 landscape.
The international community is set to transition into a critical new phase in its fight against poverty. Providers of development co-operation must maintain their commitments on the quantity and quality of the resources they provide, and they must help developing countries mobilise more domestic resources.
As we head towards 2015 and a successor framework to the Millennium Development Goals (MDGs), our common future remains at stake. We are facing a plethora of issues including: growing inequalities; changing consumption patterns and population dynamics; increasing natural resource scarcity; and climate change, said OECD Secretary-General.
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