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46 MakingIt

growthpartners international

sustain development

hunger

economic

social

goals

It is ironic that, while in the 1990s industrial development fell out of fashion in the so-called “North” due to the hike in the services sector and the prevailing gospel of Washington Consensus policies, at the very same time industrialization was slashing poverty rates in East and South Asia. In fact, it is largely through industry that MDG Goal 1 – to halve extreme poverty and hunger – will be met at the global level. However, things have changed immensely since the turn of the millennium. Preparations for the post-2015 agenda have given the sense that the new goals should be rooted in the three dimensions of sustainable development – economic, social and environmental. Meanwhile, industrial policy is firmly back on the agenda in

“It is largely through industry that MDG Goal 1 – to halve extreme poverty and hunger – will be met at the global level.”

inclusive natural resources

livelihoods

The Millennium Development Goals (MDGs) have been the global benchmark for development progress since their adoption in 2000, but are scheduled to expire in 2015. Right now, the international development community is considering what happens next. So far, preparations have included an array of thematic, national and regional consultations bringing the UN system together with a broad range of development partners; the report of a high-level panel of eminent persons appointed by the UN SecretaryGeneral; intergovernmental discussions on sustainable development arising out of the Rio+20 conference; and countless initiatives from the grassroots up. All of these are aimed at informing the multilateral negotiations kicking off at the UN General Assembly in the fall 2014. It is no secret that the MDGs, despite their undoubted successes, suffered from shortcomings. In particular, they had little to say about the means by which they should be achieved. As an organization dedicated to achieving prosperity through inclusive and sustainable industrial development, it was especially apparent to UNIDO that this aspect was sadly lacking.

structural transformation

By ULLA HEHER, Post-2015 Strategic Planning Coordinator at the United Nations Industrial Development Organization (UNIDO)

environmental

Industry in the new global development agenda

competitiveness

countries around the world and at all stages of development. This stems from the realization that manufacturing and entrepreneurship are the key drivers to create the growth rates, jobs and economic structures needed to eradicate poverty and provide sustainable livelihoods for all. For many developing countries, accelerating the transformation of their productive structures is increasingly an integral part of their strategies for achieving inclusive and sustainable development. This is supported by the fact that almost one-third of manufacturing value added is now created in developing countries, up from under 20% about 15 years ago. In fact, the real question about industrial policy in the years beyond 2015 is not whether but how it should be practiced to best strengthen the global approach to development. While concrete measures depend very much on country-specific challenges, endowments, and levels of integration in

Making It: Industry for Development (#14)  

Over recent decades, middle-income countries (MICs) have made a significant contribution to global development through their higher growth r...

Making It: Industry for Development (#14)  

Over recent decades, middle-income countries (MICs) have made a significant contribution to global development through their higher growth r...