World Needs More Investment and Trade to Reignite Growth and Progress on Development Goals

Global growth and progress against poverty stalled after 2010 due to lower investment and trade. Achieving development goals now costs much more.

Investment growth in developing economies has halved compared to the 2000s. Global trade and foreign investment also weakened after the financial crisis.

Without more investment and trade, global development goals will be unachievable. Domestic reforms and global cooperation are needed.

Digital technologies and clean energy offer new growth opportunities if investment increases. Countries should improve business climates to encourage investment.

With the right policies and cooperation, the world can reignite growth and make progress on climate change and development. The upcoming World Bank/IMF meetings are a chance to start.