Why world must redefine development

The world needs a clear, irreversible path toward inclusive, sustainable, and resilient growth. 

Photo credit: File | Nation Media Group

In the 21st Century, development transcends mere economic growth to encompass creating a sustainable future that promises prosperity, health, and equity for all. This new paradigm calls for a collective effort from both developed and developing nations to redefine global progress.

At the World Economic Forum 2025, talks highlighted the need to reconsider development. From 1990 to 2015, notable advances were made in life expectancy, income, health, and education. However, post-2015, these gains have stalled or regressed, especially in lower-income countries.

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