Poverty and sustainable development: third world perspectives V.2

Sustainable Development is a process of change in which the exploitation of resources, the direction of investment, the orientation of technological development and institutional change are all in the harmony, and enhance both current and future potential to meet human need and aspirations.
Any serious attempt and reducing poverty requires sustained economic growth in order to increase productivity and level of income in developing countries. Sustainable Development requires not just to economic growth but also to environmental and social issues. More current estimates suggest that 2 billion people will be added to the world population over the next 30 years and another billion in the following 20 years. Virtually all of this increase will be in developing countries, the bulk of it in urban areas. In these countries 2.5 billion to 3 billion people now live less than $2 a day. The core challenge for development is to ensure productive work and a better quality of life for all these people. This, ultimately require substantial increase in productivity and incomes in developing countries. Scholars like Myrdal, Amartya Sen and Mahbub-ul-Haq have generated an interest among economists in understanding the dynamics and economics of poverty in South-east Asian and African countries. In these volumes no less than 45 economists have contributed their papers on a single theme "Poverty and Sustainable Development". They have examined macro and microscopically various issues related with poverty among Third World nations, degree of success attained by Govt. launched poverty alleviation schemes, ecological concerns and development, human resource development and utilization, natural resources utlization, agricultural investment and drawbacks, role of Govt. and NGOs in poverty alleviation etc. Some have even tried to understand the dynamics and economics of poverty through studying poverty in BIMARU and North-eastern States of India. Some have provided meaningful suggestions and ways to tackle the poverty and provide sustainable development.