Development in transition

Our priority now is to translate “development in transition” into “development in action,” which expands opportunities for all countries and people.

Understanding and supporting the development trajectories of countries have long been the driving force behind all of our careers. If we, as a global community, are serious now about ensuring prosperity for all through the universal and comprehensive 2030 Agenda and its Sustainable Development Goals (SDGs), then we must close all remaining gaps. And this means changing the way we think about development policy.

Development, after all, is complicated. It is not linear. It is not binary. It is a moving target. And there is no one size fits all approach. It is not simply about economic growth. Is it not also about progress in wellbeing and other social dimensions? Paradigms are shifting and we need to continually rethink our approaches to development. How should we change our approaches, and what are the questions we really need to answer?

While income inequality between countries may have reduced, inequality within countries has in fact risen. 

Findings like these point to a complex reality: a country’s growth does not necessarily go hand in hand with increased wellbeing for its citizens.

https://oecd-development-matters.org/2017/07/11/development-in-transition/