Helen Clark leads CNNi Twitter chat on role of emerging economies in development

18 Jun 2013

imageUNDP Administrator Helen Clark tweets during a CNNi Twitter chat. (Photo: Dylan Lowthian/UNDP)

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.