International Conference on Global Economic Growth and Sustainability organized by Shri Dharmasthala Manjunatheshwara Institute for Management Development, Mysore, Karntaka which will be held from November 20 2015 to November 21 2015. Unprecedented growth has been experienced in most part of the globe during last few decades. However, unfortunately, the fruit of such growth has not improved the quality of life for all. While the poverty has been reduced in some of the emerging economies like India, China and Vietnam, half of the world’s population owns less than 1 percent of the wealth. Fifty percent of the world population lives on less than $2.50 a day. Recent statistics also show that the ratio of people at poverty to wealthy level is 88 to 1, while it increased from 44 to 1 in 1973. More than half of total workforce of 2.6 billion in the developing economies is employed in the “unorganised sector†with unfavourable working conditions. Unemployment, especially of youths, is in the range of 40 to 70 percent. With close to 1 billion people suffering from malnourishment and 820 million chronically hungry, 2.7 billion people living without proper sanitation and clean water, around 125 million children not going to school and around 30 million children dying of preventable diseases in last 10 years before reaching the age of five; do clearly indicate that a large part of the population have been deprived of the opportunities in sharing the fruits of the growth.
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