5 takeaways from the OECD Global Forum on Development

Last week, the OECD's Global Forum on Development debated how to achieve sustained and inclusive growth in developing nations in the face of structural challenges and lagging productivity. An expert from the ECDPM shares his views on the five key discussion points.

By Sebastian Grosse-Puppendahl // 14 July 2014

The Global Forum on Development hosted last week by the Organization for Economic Cooperation and Development discussed how sustained and inclusive growth could be achieved in development, despite structural development challenges and lagging productivity.

One of the main problems identified was the non-convergence of many middle-income countries expected to reach OECD income levels by 2050, due to growth stagnation in emerging economies and decreasing external demand. Overall low productivity levels in low- and middle-income countries — which are responsible for non-convergence with advanced economies — ultimately increase the danger of countries facing the middle-income trap.

There were five key points to take away from the discussions in Paris:

The views in this opinion piece do not necessarily reflect Devex's editorial views.

About the author

Sebastian Grosse-Puppendahl
Sebastian Grosse-Puppendahl is a policy officer for the Economic Transformation and Trade program at the European Center for Development Policy Management. He holds a bachelor's degree in European studies and an M.S. in public policy and human development from Maastricht University in the Netherlands.