Responsible Growth for the New Millennium: Integrating Society, Ecology and the Economy

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World Bank Publications, Jan 1, 2004 - Business & Economics - 177 pages
'Responsible Growth for the New Millennium' contends that economic growth is essential for development, but that it is not enough. It presents a vision of a responsible approach to growth -- sustainable growth in consumption, healthfulness, human capital, environmental quality and social equity -- that can achieve a far more equitable world in 2050. Conceiving the sheer scale of the world economy in 2050 (as much as four times the current economy) this book raises stark questions: How resource and pollution-intensive will this economy be, particularly in the developing world? How will critical resources, such as biodiversity, be shielded from development pressures? How will we deal with impending water scarcity? Achieving responsible growth will require concerted efforts in establishing a more balanced relationship between rich and poor countries, opening up trade, fostering agricultural productivity, delivering water and energy, managing the environment and natural resources, building health and human capital, and attaining social equity and inclusion. Three issues stand out: (i) dealing with near-term poverty and inequality; (ii) improving governance and capacity in developing countries; and (iii) the need to invest in technological public goods, particularly agricultural technologies for the tropics and treatments for infectious diseases. The alternative will be a world characterized by uncertainty, social unrest and environmental degradation.
 

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Page 22 - Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa...
Page 142 - Forests and trees cover nearly one third of the Earth's surface, Sustainable forest management of both natural and planted forests and for timber and non-timber products is essential to achieving sustainable development, as well as a critical means to eradicate poverty, significantly reduce deforestation, halt the loss of forest biodiversity and land and resource degradation, and improve food security and access to safe drinking water and affordable energy...
Page 157 - Our goal must be to reduce these disparities across and within countries, to bring more and more people into the economic mainstream, to promote equitable access to the benefits of development regardless of nationality, race, or gender. This, the challenge of inclusion, is the key development challenge of our time.
Page 60 - ... aid to Africa. These subsidies depress world cotton prices by an estimated 10-20 percent, reducing the income of thousands of poor farmers in West Africa, Central and South Asia, and poor countries around the world. In West Africa alone, where cotton is a critical cash crop for many small-scale and near-subsistence farmers, annual income losses for cotton growers are about US$250 million a year.
Page 29 - Rapid technological progress is needed, and both the private and public sectors have important roles to play in research, extension, and financing.
Page 60 - ... directly to producers. The effect is to stimulate overproduction in highcost rich countries and shut out potentially more competitive products from poor countries. It is no wonder that agricultural exports from developing countries to rich countries grew in the 1990s at just half the rate they did to other developing countries. Consider how agricultural protection plays through individual commodity markets. Sugar in the European Union (EU), Japan, and the United States is commonly protected through...
Page 142 - The achievement of sustainable forest management, nationally and globally, including through partnerships among interested Governments and stakeholders, including the private sector, indigenous and local communities and non-governmental organizations, is an essential goal of sustainable development. This would include actions at all levels to: (a) Enhance political commitment to achieve sustainable forest management by endorsing it as a priority on the international political agenda, taking full...
Page 16 - social capital' refers "to the institutions, relationships, and norms that shape the quality and quantity of a society's social interactions.
Page 60 - ... Asia, and poor countries around the world. In West Africa alone, where cotton is a critical cash crop for many small-scale and near-subsistence farmers, annual income losses for cotton growers are about US$250 million a year. Rice support in Japan amounts to 700 percent of production at world prices, stimulating inefficient domestic production, reducing demand, and denying export opportunities to India, Thailand, Vietnam, and other countries. More than 70 percent of subsidies in rich countries...
Page 134 - Indicators of habitat loss, disease, invasive species, and coral bleaching all show declines in biodiversity. Sedimentation and pollution from land are smothering some coastal ecosystems, and trawling is reducing diversity in some areas. Commercial species such as Atlantic cod, five species of tuna, and haddock are threatened globally, along with several species of whales, seals, and sea turtles. Invasive species are frequently reported in ports and enclosed seas, such as the Black Sea, where the...

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