Struggling world economy is no excuse to ignore world's poorest

Today’s low-income countries must jump higher than their predecessors did to escape poverty

G20 an 'opportunity to do more' for poor. Pic: iStock

The global economic mood is souring. At their meeting in Fukuoka, Japan, earlier this month, G20 finance ministers and central bank governors warned thateconomic growth remains weak, with risks still tilted to the downside. Just a few days before that gathering, the World Bank had lowered its 2019 global growth forecast to 2.6 per cent – the lowest rate in three years – and predicted that growth would remain tepid in 2020-2021.

These ...