Global Development and Regional Economic Situation Issues, Challenges and Remedies

Abstract : The world economies are with slow economic growth and lesser world gross product than what is expected due to deteriorating growth in international trade. In addition, reduced global investment, unemployment, low wage growth, inflation, bank failures, mounting debts, low commodity prices, escalating global oil prices, geopolitical tensions are the factors that have hindered the growth of world economies. Armed conflict, terrorism, geopolitical tension and political instability are the serious factors that tremble world peace, global development and regional economic disparity. This article throw insights into the issues, challenges and strategies in global development on population, international trade and development, global investment, inclusive growth, employment, finance, gender issues, food security, internet and communication industry.