HUMAN 
DEVELOPMENT
REPORT
1992

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GLOBAL
DIMENSIONS OF 
HUMAN DEVELOPMENT
 

The richest 20% of the population now receives 150 times the income of the poorest 20%. The Report suggests a two-pronged strategy to get      out of this dilemma. First, making massive investments in their people and strengthening national technological capacity can enable some  developing countries to acquire a strong competitive edge in  international markets (witness the East Asian industrialising tigers). Second there should be basic international reforms, including   restructuring the Bretton Woods institutions, setting up setting up a Development Security council within the United Nations, and convening a World Summit on Social Development to consider a global compact  for all nations and all people.