Monday, March 10, 2014

Reduction of inequality is important for development

Economic growth in emerging markets must be cohesive and reduce inequality. 
While market-oriented reforms are necessary, government has a key role to play in providing a social safety net for the poor; maintaining high-quality public services; investing in education, training, health care, infrastructure, and innovation; enforcing competition policies that constrain the power of economic and financial oligopolies; and ensuring genuine equality of opportunity for all.