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Funding the MDGs

  • The Millennium Project’s report “Investing in Development: A Practical Plan to Achieve the MDGs
  • Devarajan, Shantayanan, Margaret J. Miller and Eric V. Swanson, ‘Goals for Development: History, prospects and costs’, World Bank, 2002. This paper estimates that additional foreign aid in the range of $40 billion to $70 billion – roughly double the official aid flow in 2000 – will be necessary to achieve the Millennium Development Goals by 2015 in developing Countries. A brief progress report for each Millennium Development Goal is included. Click here
  • Making Sense of MDG Costing, by Jan Vandemoortele and Rathin Roy, 2004
  • New Sources of Development Finance: Funding the Millennium Development Goals (September 2004), UN Wider
  • The Trouble with the MDGs: Confronting Expectations of Aid and Development Success. By Michael Clemens (Center for Global Development), Charles Kenny (World Bank) and Todd Moss (Center for Global Development). The authors observe that for many countries, the rates of progress required to meet the MDGs by 2015 are extremely high compared to historical experience.  In such cases, MDGs might be better viewed not as realistic targets but as reminders of the stark contrast between the world we want and the world we have, and a call to redouble our search for interventions to close the gap. http://econwpa.wustl.edu:80/eps/dev/papers/0405/0405011.pdf
  • Reducing Poverty and Achieving the Millennium Development Goals. Arguments for Investing in Reproductive Health and Rights. This publication underscores the importance of population issues, including reproductive health, as a critical component of national efforts to reduce poverty and achieve the MDGs: http://www.unfpa.org/publications/detail.cfm?ID=243&filterListType
  • The attainment of reproductive health and reproductive rights are fundamental for development, for fighting poverty and for meeting the MDG targets. Conversely, reproductive ill-health undermines development by, inter alia, diminishing the quality of women's lives, weakening and, in extreme cases, killing poor women of prime ages, and placing heavy burdens on families and communities. This publication shows by means of analytical graphics, the fundamental importance of addressing population and reproductive health for achieving the MDGs. http://www.unfpa.org/index.htm
  • Financing Millennium Development Goals, an Issue Note, by Selim Jahan. The author says, achieving MDGs is not a sufficient condition for development, peace and security in the world, but it is definitely a necessary condition. That the world has the resources, it has made the commitment and should have the motivation to achieve these goals. The big question is: how to do it and it is related to the three major dimensions of the financing issues: Estimating the costs of achieving the MDGs. Mobilization of necessary resources and efficiency in resource use in this case. www.chronicpoverty.org/pdfs/2003conferencepapers/jahan.pdf
  • The End of Poverty: Economic Possibilities for Our Time, Penguin Press. New York, 2005 by Prof. Jeffrey D. Sachs. The book explains how the world economy has got to where it is today and how this generation can mobilize its capacities to eliminate extreme poverty. The bottom line is to put in place basic infrastructure and harmonise the human capital. http://www.earth.columbia.edu/endofpoverty
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