If Sub-Saharan Africa is to make a serious dent in its rising number of poor, it must improve its growth performance over the early 1990s by as much as 3 percentage points. First, developing countries must embark on strategies that help them attain these goals.
Growth is the most powerful weapon in the fight for higher living standards.
Faster growth will require policies that encourage macroeconomic stability, shift resources to more efficient sectors, and integrate with the global economy. Improving the distribution of income and wealth . The benefits of growth for the poor may be eroded if the distribution of income worsens. Accelerating social development. Social indicators will benefit from improvements in economic growth and income and wealth distribution, but there is still room for policies that target interventions that appear to have a large impact on health and educational outcomes.