Sustainable Economic Development means a rate of growth which can be maintained without creating other significant economic problems, especially for future generations. There is clearly a trade-off between rapid economic growth today, and growth in the future. Rapid growth today may exhaust resources and create environmental problems for future generations, including the depletion of oil and fish stocks, and global warming.
Nearly 2.2 billion people live below the US$2 poverty line. Poverty eradication is only possible through stable and well-paid jobs, which is possible through SED.
470 million jobs are needed globally for new entrants to the labour market between 2016 and 2030, just to keep up with the growth of the global working age population.
Half of humanity – 3.5 billion people – lives in cities today. By 2030, almost 60% of the world’s population will live in urban areas.
Global unemployment increased from 170 million in 2007 to nearly 202 million in 2012, of which about 75 million are young women and men.