But, with the passage of time, the Barroso led Commission has also come under fire for being unadventurous and lacklustre.

Despite some individual privatization successes during the first half of the year, the overall privatization effort remained lacklustre at best.

Thus, in sub Saharan Africa, most countries had been mired in lacklustre or declining rates of growth for over a decade.

The Group was therefore deeply disappointed by the international community's lacklustre response to the consolidated appeals launched by the United Nations in 2005. The Organization must intensify its efforts to resolve that dire situation.

The question becomes, in light of the lacklustre economic performance of several developing countries, What are the challenges that need to be met to promote economic growth? The first relates to building a strong institutional foundation for enterprises based on the rule of law, transparency and accountability, and balancing public and private interests.