| What Lessons can Other Countries Learn from the Prosperity of the South? Al Jazeera | |
| go to original March 21, 2013 |
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What lessons can countries like the United States learn from the prosperity of the South? (AlJazeeraEnglish)
In the next seven years, Brazil, China and India's combined economic output will surpass that of Canada, France, Germany, Italy, the UK and the US put together.
And by 2030, 80 percent of the world's middle class population will be living in developing countries.
But the United Nations Human Development report, which was released in Mexico last week, says that economic growth alone is not enough to improve lives.
It says sustained progress needs "pro-poor policies and significant investment in people's capabilities."
And it points to countries like Brazil and Mexico which have implemented social programmes that have lifted tens of millions out of poverty.
But as many developing countries actively work on reducing poverty and inequity, countries in the northern hemisphere are implementing austerity policies causing millions to suffer.
What can countries like the US learn from the prosperity of the South? And what does help regions like Latin America progress?
Read the rest at Al Jazeera
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