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Millennium Development Goals (MDGs) Essay Example

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Millennium Development Goals (MDGs)

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Millennium Development Goals (MDGs). The paper tells that the MDGs were designed in a manner such that each of the eight goals is reinforced by specific targets, and dates for realizing or achieving those targets. For example, the first goal of eradicating extreme poverty and hunger has three specific targets and dates for achieving the three. These specific targets are; achieving employment opportunities that are decent for men, women, and the youth, reducing by half the proportion of persons living on less than $1 a day for the period between 1990 and 2015 and reducing by half the number of persons who experience extreme hunger. In designing the MDGs, the G8 countries also pledged adequate funds and resources to three international financial organizations to help fast-track progress toward the goals.

These three are the World Bank, the African Development Bank, and the International Monetary Fund. The poor countries, which were also heavily indebted to these three financial organizations, were also relieved of their debt obligations on condition that they redirect their resources to initiatives that alleviate hunger and provide universal primary education. The core of the MDGs is to foster development. All the MDGs, in one way or another, contribute to the development or well-being of a country. Generally, three aspects of development have been specified by the MDGs. These are infrastructure, human capital, and human rights. These three areas of emphasis were established for the sole reason of improving the living standards of persons. Human capital is very important to the productivity and consequent development of any country. An effective and efficient worker or laborer is one who has had access to good education and is healthy. The objectives that were thus established under the human capital development aspect are healthcare, education, and nutrition. The goals of combating HIV/AIDS and other diseases, reducing child mortality, achieving universal primary education and eradicating hunger stemmed from this development aspect. The second development issue is infrastructure. Millennium Development Goals (MDGs).

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References

Amit, R 2007, Globalization and the Millennium Development Goals: Negotiating the Challenge. New York: Berghahn Books

International Monetary Fund 2006, Imf in Focus 2005 (Imf Supplement to the Imf Survey). Washington: International Monetary Fund.

International Monetary Fund 2007, International Monetary Fund Annual Report 2007: Making the Global Economy Work for All. Washington: International Monetary Fund.

Keeley, B 2012, OECD Insights from Aid to Development the Global Fight against Poverty: The Global Fight against Poverty. Paris: OECD Publishing.

Lombardi, D 2005, The IMFs Role in Low-Income Countries: Issues and Challenges. Washington: International Monetary Fund.

Nwonwu, F 2008, Millennium Development Goals: Achievements and Prospects of Meeting the Targets in Africa. Oxford: African Books Collective

OECD 2005, OECD Annual Report 2005. Paris: OECD Publishing.

OECD 2011, OECD Studies on Water Meeting the Challenge of Financing Water and Sanitation Tools and Approaches: Tools and Approaches. Paris: OECD Publishing.

Sweetman, C 2005, Gender and the Millennium Development Goals. Oxford: Oxfam.

United Nations 2009, Millennium Development Goals Report 2009 (Includes the 2009 Progress Chart). New York: United Nations Publications.

United Nations Development Group, 2003, Indicators for Monitoring the Millennium Development Goals: Definitions, Rationale, Concepts and Sources. New York: United Nations Publications.

United Nations 2007, The Millennium Development Goals Report 2007. New York: United Nations Publications.

United Nations Human Settlements Programme 2005, UN-HABITATs Strategy for the Implementation of the Millennium Development Goal 7: Target 11. New York: UN-HABITAT.

Wagstaff, A 2004, The Millennium Development Goals for Health: Rising to the Challenges. New York: World Bank Publications.

Wilkinson, R 2012, The Millennium Development Goals and Beyond: Global Development After 2015. New York: Routledge

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preview essay on Millennium Development Goals (MDGs)
  • Pages: 7 (1750 words)
  • Document Type: Essay
  • Subject: Business
  • Level: Ph.D.
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