And that is why we need both macroeconomic and global frameworks. In order to meet the basic needs of the world population, such frameworks must still take into account the "old” objectives of better global and national income distributions. This course of action could be stimulated at the macrolevel by making development policies greener and at the microlevel by focusing on the creation of a new financial structure. In some cases, where a basic needs-type strategy had been implemented in practice, as in Sri Lanka in the 1970s, it was seen (by some) to hamper growth by de-emphasizing investment and industrial development (Grindle, 2010).