Perspectives on Global Development: Meeting the Middle-Income Challenge
Since its first edition in 2010, the annual OECD Perspectives on Global Development report has investigated the increasing economic weight of developing countries in the world economy. The rise of China, in particular, has led to positive spillover effects on the developing economies that supply China’s demand for resource-based products and intermediates. However, despite higher rates of growth since 2000, the per capita incomes in developing countries – including many middle-income countries – will not reach the levels of developed countries by 2050.
This roundtable seminar will present the 2014 Perspectives on Global Development report which focuses on the global economic shift to developing countries, giving detailed comparative analysis of productivity levels and changes over time, and exploring the development paths of the BRICS. The report also examines how boosting productivity growth can meet the challenge of the middle-income trap.
A light lunch will be served at 12:00 to 12:30.