New Risks from Global Crisis Create Development Emergency
(CC) Creativity+ Timothy K Hamilton/Flickr
The global financial crisis is dangerously affecting the 2015 Millennium Development Goals (MDGs) and creating an emergency for development, warns a new IMF-World Bank report. Most of the eight globally-agreed goals are unlikely to be met, including those concerned with hunger, child and maternal mortality, education and progress in combating HIV/AIDS, malaria and other major diseases.
The Global Monitoring Report 2009: A Development Emergency (GMR) warns that, although the first goal of halving extreme poverty by 2015 from its 1990 level is still reachable based on current projections, risks still abound. New estimates show that more than half of all developing countries could experience a rise in the number of extreme poor in 2009.
The full report is available on the web.
Explore posts in the same categories: Economics & Statistics