Mitigating Structural Barriers to Global Economic Development in the Least Developed Countries
Keywords:
Millennium Development Goals, Sustainability, Development, LDC statusAbstract
Purpose: The objective of this study explored policy measure to mitigate the structural barriers of global economic development in the least developed countries. The Sustainable Development Agenda 2030 and the Sustainable Development Goals indicate a stronger emphasis on the least developed countries (LDCs), compared to the Millennium Development Goals, which failed to include a precise goal in moving from LDC status. Problem: However, the growing range of environmental and societal challenges is prompted by the failure of the development strategies, with the continued proliferation of weak forms of production and utilization combined with the projected level of population. This encouraged the quest for a new conduit to achieve sustainable development as a possible solution. Findings: Despite the increasing exertions to promote both social and environmental challenges, to attain infrastructure and economic growth, progress remained aloof. This paper particularly looked at how the role of technological innovation plays in support of integrated sustainable development. Findings show that the Sub-Saharan Africa countries are still lacking the secure, adequate and sustainable infrastructure to support economic growth. Methodology: the study is qualitative and data are collected and analyzed. Recommendation: As an achievable solution, this paper suggests the insistent need for a socio-economic change as policy recommendations, this includes the facilitation of an integrated public discourse, scientific proposition, policy and broad use of advanced instruments that guarantee excellence in decision-making and development. Originality: this paper focused on how the role of technological innovation plays in support of integrated sustainable development.
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