Title:	Sustainable Development, in dynamic world: Transforming institutions, growth, and quality of life
Authors:	James D. Wolfensohn
Keywords:	Development
Issue Date:	2003
Publisher:	World Bank
Description:	This year’s Report, the twenty-fifth, is about the growth in income and productivity required in developing countries to eliminate poverty in a way that is environmentally and socially sustainable. The core development challenge is to ensure productive work and a much better quality of life for the almost 3 billion poor people today earning less than $2 per day and for the 2–3 billion people to be added to the world’s population over the next 30–50 years. To achieve this goal, while taking better care of our environmental and social assets, will require a global development process that does better than the one followed in the past. Even though the world’s population increased by 2 billion people in the last 30 years, there have been significant gains in human welfare in developing countries as measured by average human development indicators. But the development path has left a legacy of accumulated environmental and social problems that cannot be repeated. There are many drivers of today’s socioeconomic and cultural transformations. Some are ongoing and continuous (such as technological innovation and income growth). Others are onetime and transitional, such as the demographic and urban transitions, which should be completed within this century—largely within the next 50 years. These historic transitions define the temporal and spatial context for managing sustainability. How it will be managed is critical.
URI:	http://10.6.20.12:80/handle/123456789/28706
ISBN:	0-8213-5151-6
Appears in Collections:	Regional and Local Development Studies

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