Issue Date: May 15, 2013
RISE of the developing world, or the South, has resulted in a shift in the dynamics of the global market. This is the underlying theme of the 2013 Human Development Report by the United Nations Development Programme (UNDP). Despite being low on human development index (HDI), a measure of health, education and income, developing countries like India and China have become strong enough to influence international decision-making on policies relating to trade and environment, claims the report.