Strengthening the Global Partnership for Development in a Time of Crisis

Front Cover
UN, 2009 - Business & Economics - 72 pages
0 Reviews
The present report recognizes that further progress has been made towards fulfilling the promises embodied in Millennium Development Goal 8 (MDG 8). At the same time, it identifies important setbacks, most of which have arisen from the current state of the world economy which is suffering its severest downturn since the Great Depression of the 1930s. Some donor countries are cutting their budgets for official development assistance (ODA); several developed and developing countries have resorted to protectionist measures; resurging debt distress is increasing the need for further and broader debt relief; the costs of essential medicines are on the rise; and the technological divide between developed and developing countries seems likely to widen further. These effects are compounding the devastating consequences that the global downturn is having within the developing countries themselves. Not only is progress towards the MDGs slowing, but in many areas, even the hard-won gains of recent years are under threat. The crisis has intensified the need for strengthened global partnerships for development as reflected in MDG 8.

What people are saying - Write a review

We haven't found any reviews in the usual places.

Other editions - View all

Bibliographic information