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Change for the Better

Global Change and Economic Development

image of Change for the Better
Change for the Better explores global political and economic change and its impact on the development process, together with ways to improve development policies – domestic and international.



This Report by a Commonwealth Group of Experts points to the danger of further increase in the existing disparities, if action is not taken urgently by the developed and developing countries as well as the world community as a whole. It points to the mutuality of interest which makes action a necessity; and to the opportunities presented by change. But it stipulates that effective action will only be possible if there is ready acceptance that the challenge of development cannot be ignored; and that current piecemeal efforts are not the answer. International understanding and cooperation will be a critical requirement.

English

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Change and Development

When Commonwealth Ministers of Finance asked for the establishment of our Group in September 1989, they did so against a background of widely felt concern that the circumstances facing developing countries had changed significantly in the course of the 1980s; and that, in spite of adjustment and reform by many, economic growth remained elusive for most. They therefore called for an examination of how recent changes in the world economy were affecting the development process; and what implications these carried for the management of debt, adjustment and growth.

English

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