Technical capabilities & flexibility to power economic growth says UN Report
01 May '07
2 min read
Vivek Chibber, a sociology professor at New York University, said development thinking over the past quarter-century had produced disappointing growth rates, very disappointing employment growth, and very little success in attacking poverty. He said the new book was part of an effort to recognize the importance of the State in prodding industrial development.
Contrary to the perception that industrial development always brings environmental problems, Jomo Sundaram, Assistant-Secretary-General in the Department for Economic and Social Affairs, said that industrial policies could promote a “clean revolution,” as evidenced by results in several countries.
“We need green industrial development and we need greener products,” he added.