Economic Development
D-8 economies have displayed respectable growth rates in the recent years. In all D-8 countries, governments have undertaken reforms to remove the bottlenecks for rapid growth, liberalize markets and integrate better with the world economy as part of globalization.
Considering the last decade growth rate of income changed most for Indonesia. Average 1.5 % growth rate in 1996-2000 period has been improved to around 5% which is pretty reasonable and sustainable level. Although growth rate for Egypt decreased in the last five years, a sustainable growth is a reachable policy target for Egypt.
All economic policy implications of governments are for higher per capita incomes. Per capita income level in D-8 countries is much smaller than that of developed world.
Per capita income is the highest for Malaysia and Turkey which is more than 5000$ in 2006. The largest change in per capita income in 2001-2005 period compared to preceding five years was recorded by Nigeria with a 40.5% increase. However in level terms, per capita income is still very low for Nigeria, Bangladesh and Pakistan. Average per capita income for Egypt is negatively changed in the first and second periods of the last decade. However, per capita income change during the last five years has an increasing trend. In 2005 and 2006 Egypt practices positive per capita income changes compared to previous years.

















