Helen Clark leads CNNi Twitter chat on role of emerging economies in development
UN Development Chief Helen Clark said today that developed and developing countries need each other in the global economic crisis, and that a burgeoning middle class in developing countries can help drive green growth. She made her comments during a CNNi-sponsored Twitter chat on emerging economies such as the so-called BRICS – Brazil, Russia, India, China and South Africa.
“#HDR 2013 estimates 3.2 billion in middle class in developing countries by 2030: can help drive green growth,” she tweeted. “I don’t think anyone benefits from global crisis: #HDR2013 points out that North & South need each other.”
The Twitter chat formed a series of events opening the St. Petersburg International Economic Forum from 20-22 June which will look at the role of emerging economies.
She also stressed that growing inequalities worldwide are a big problem because they slow development, and that it could only be tackled with focused strategies and growth that reached everyone.
“Poverty and inequality won’t reduce of own accord: tackling both requires dedicated strategies & inclusive growth.”
Other participants in the chat included the Organization of Economic Cooperation and Development, Ronaldo Lemos, a leading Brazilian academic, and Shaun Rein, Author of End of Cheap China.
See the entire chat here.