The Trade and Development Report 2013 notes that the current global economic and financial crisis reflects a structural shift of the world economy, and that adjusting to this structural shift requires fundamental changes to the prevailing growth strategies.
The world economy cannot revert to pre-crisis growth, which was built on unsustainable global demand and financing patterns.
Developed countries should act more decisively to address the fundamental causes of the crisis, and should move away from contradictary fiscal policies so as not to further undermine their already slow economic growth.
