Growing shift in global clout
BRIDGETOWN, Barbados - SOME very interesting comments made the rounds last week when the United Nations Development Programme (UNDP) in Barbados released the latest report on the Human Development Index.
One of the comments attested to the fact that countries in the South are leading the way in terms of global economic growth. Another comment had to do with the approach those in the South have taken in getting their economies in order and where in particular the focus has been. Then there was the assertion that not only is the South leading the way in growth, but that it is contributing to the alleviating of poverty wherever it exists.
These are useful comments since, among other things, they outlined broad parameters where countries look to their own circumstances and pursue appropriate policies while going against the grain of borrowing ideas from abroad and try to implant them on the domestic environment.
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