[Topic] Perspectives on Global Development 2019: Rethinking Development Strategies

[Time] 15:00 -- 16:30 on March 25, 2019

[Location] Meeting Room 1620 in the Rear main building

[Speaker] Mario Pezzini, Director of the OECD Development Centre (Special Adviser to the OECD Secretary-General for Development)

[Introduction]

The OECD Development Centre is made up of 52 OECD members and non-member countries to advise policy makers on policy solutions to stimulate growth and improve livelihoods in developing and emerging countries. China was invited to officially join the center in 2015. Mario Pezzini, Director of the OECD Development Centre, has a long history of research on the economic development of developing countries, especially China.

The seminar will present Perspectives on Global Development 2019: Rethinking Development Strategies (2019 Global Development Perspectives: The OECD Development Centre's latest report). Introspection of development strategy) – to conduct deep interpretation and discussion.

To achieve sustainable development, the report says, we must broaden our horizons. Development strategies must be more responsive to the multifaceted nature of development, while acknowledging that economic growth does not automatically lead to improved well-being.

In 2008, the share of developing and emerging economies in the global economy exceeded 50% for the first time. Since then, the Global Development Prospects has been tracking the transfer of global wealth and its impact on developing countries. How long can development benefit from the dividend of transferring wealth? What does this mean for development strategy? The new book begins by examining what China's transition means for global development prospects and how wealth transfers affect social well-being beyond the economic level. By analyzing and drawing on the development patterns of the past 70 years, the report shows that developing countries in the 21st century must find innovative development paths to achieve greater well-being and sustainability. It is time to rethink international cooperation and promote more effective exchanges of social and human capital.