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Multilateral Development Cooperation in a Changing Global OrderReshaping International Institutions to Achieve Millennium Development Goals

Multilateral Development Cooperation in a Changing Global Order: Reshaping International... [The analysis in this chapter highlights the importance of the Millennium Development Goals (MDGs), the progress in their achievement, and the constraints to their fulfillment. The first section discusses the process by which the goals were developed. It explores the philosophical and economic underpinnings which resulted in the goals such as shifts from macro stability policies, the changing priorities of donors, and a focus on the social conditions of development. The second section analyzes the progress that has been made in achieving the MDGs. There are, broadly speaking, two routes to achieving the MDGs: rapid economic growth that raises people’s expectations and provides the resources needed to meet these aspirations; or implementing special programs geared to improving the delivery of services to the poor.1 Analysis shows that either route will be difficult due to the current international economic environment. Prospects for growth in the developed countries are poor for the next few years (IMF 2012; World Bank 2012; Chapter 1, this volume). A traditional export-oriented development policy that can spur economic growth in developing countries is unlikely to succeed. Even though progress on the MDGs seems to have been limited, particularly in the poorest regions, caution should be taken in drawing conclusions as data is often inadequate.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Multilateral Development Cooperation in a Changing Global OrderReshaping International Institutions to Achieve Millennium Development Goals

Part of the International Political Economy Series Book Series
Editors: Besada, Hany; Kindornay, Shannon
Agarwal, Manmohan
Multilateral Development Cooperation in a Changing Global Order — Nov 7, 2015
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Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2013
ISBN
978-1-349-45219-4
Pages
36 –62
DOI
10.1057/9781137297761_3
Publisher site
See Chapter on Publisher Site

Abstract

[The analysis in this chapter highlights the importance of the Millennium Development Goals (MDGs), the progress in their achievement, and the constraints to their fulfillment. The first section discusses the process by which the goals were developed. It explores the philosophical and economic underpinnings which resulted in the goals such as shifts from macro stability policies, the changing priorities of donors, and a focus on the social conditions of development. The second section analyzes the progress that has been made in achieving the MDGs. There are, broadly speaking, two routes to achieving the MDGs: rapid economic growth that raises people’s expectations and provides the resources needed to meet these aspirations; or implementing special programs geared to improving the delivery of services to the poor.1 Analysis shows that either route will be difficult due to the current international economic environment. Prospects for growth in the developed countries are poor for the next few years (IMF 2012; World Bank 2012; Chapter 1, this volume). A traditional export-oriented development policy that can spur economic growth in developing countries is unlikely to succeed. Even though progress on the MDGs seems to have been limited, particularly in the poorest regions, caution should be taken in drawing conclusions as data is often inadequate.]

Published: Nov 7, 2015

Keywords: Foreign Direct Investment; Gross Domestic Product; Food Insecurity; United Nation; Millennium Development Goal

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