(22 March 2013) – The rise of the South is radically reshaping the world , says the United Nations Development Programme’s (UNDP) 2013 Human Development Report.
The rise of the South is radically reshaping the world of the 21st century, with developing nations driving economic growth, lifting hundreds of millions of people from poverty, and propelling billions more into a new global middle class, according to the Report.
This phenomenon goes well beyond the so-called BRICs, middle income countries often represented by Brazil, Russia, India and China, the 2013 Report stresses. The Report shows that more than 40 developing countries have made greater human development gains in recent decades than would have been predicted.
These achievements, it says, are largely attributable to sustained investment in education, health care and social programmes, and open engagement with an increasingly interconnected world.