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The first part of the report reviews the status and trends in achieving the Millennium Development Goals (MDGs) in sub-Saharan Africa. The second part examines the obstacles and challenges to and opportunities for achieving the Goals. The third part discusses the instruments and policies that would facilitate achieving the MDGs in sub-Saharan Africa. The report is intended to provide an African perspective with regard to ownership and the domestic policy adjustments required to achieve the internationally agreed development goals. The purpose of the report is to elucidate the following two key issues related to the central question of ownership: (i) the extent to which African policy-makers… Download
The continued recovery of the world economy resulted in unusually widespread growth in 2004, but a modest slowdown in all regions is expected in 2005, according to projections contained in the World Economic Situation and Prospects 2005. Developing countries grew at the fastest rate in two decades in 2004. In addition to the stimulus provided by the United States, China is making an increasing contribution to global economic growth. Its rapid expansion has contributed to increased global demand for oil and many non-oil commodities, with the higher prices for the latter being of particular benefit to several countries in Africa and Latin America. Overall, prospects continue to be good, but… World Economic Situation and Prospects 2005
Sub-Saharan Africa lags behind other regions in achieving the development goals. Success largely depends on countries themselves owning, planning and executing the necessary policies and programmes. Government's capacity needs to be enhanced, and support from the international community is required. Both the quantity and the quality of aid need to be improved. Countries recovering from conflict face additional challenges. The Committee proposes that a monitoring unit be established within the United Nations to identify those countries most at risk from conflict and that a UN post-conflict reconstruction facility be created to serve as a prompt-response instrument for donor coordination. Download
Financing for Development The World Economic and Social Survey 2005 focuses on the Monterrey Consensus as the current framework for international cooperation for development. The report examines the correspondingly broad agenda for action that was set out in the Consensus, recognizing numerous accomplishments to date and draws attention to the further actions in the financing and trade areas that need to be undertaken in the years ahead to achieve both the Millennium Development Goals, as well as the broader United Nations Development Agenda. Sales No. E.05.II.C.1
ISBN 92-1-109149-7 Download Full report: English Français Español Buy copy from UN Publications World Economic and Social Survey 2005
Financing for Development The World Economic and Social Survey 2005 focuses on the Monterrey Consensus as the current framework for international cooperation for development. The report examines the correspondingly broad agenda for action that was set out in the Consensus, recognizing numerous accomplishments to date and draws attention to the further actions in the financing and trade areas that need to be undertaken in the years ahead to achieve both the Millennium Development Goals, as well as the broader United Nations Development Agenda. Sales No. E.05.II.C.1
ISBN 92-1-109149-7 Download Full report: English Français Español Buy copy from UN Publications World Economic and Social Survey 2005 Fench
Achieving poverty reduction in the least developed countries will require the mobilization of substantial financial resources. At the country level it will depend on (a) improved budgetary management and revenue collection and enhanced private savings and investment opportunities; (b) the generation of foreign exchange, through increased exports and remittances; (c) the ability, in partnership with donors, to reduce existing debt burdens while increasing the quantity, quality and effectiveness of new aid flows; and (d) the ability to attract private capital (investment and commercial inflows) and to reverse capital flight where it has occurred. In designing institutions for good governance… Download
This paper examines innovative approaches to domestic resource mobilization in selected Least Developed Countries. It covers various aspects of domestic resource mobilization with focus on the linkages to poverty reduction and growth. The areas addressed in this paper include: financial sector reform policies for growth and poverty reduction, Microfinancing, taxation for growth and poverty reduction, management of domestic debt, government spending targeted to crowd in private savings and investment (including public-private partnerships), and mobilization of private capita, including reversal of capital flight and more innovative and active participation in the international trade. Download
Many of the forces responsible for dramatic growth in the previous decade are now absent or not strong enough to produce such robust performance. While global trade is projected by the World Economic Situation and Prospects 2004 to grow by 7.0 per cent this year, it is unlikely that the buoyancy of pre-2000 years will be repeated, especially given setbacks in the Doha round of trade negotiations. The recovery of foreign direct investment will be similarly subdued, as will rebounding investment in information technologies. And in 2004, the dampening effects of geopolitical tensions and threats of international terrorism are more prevalent than in the years immediately before 2001.Therefore,… World Economic Situation and Prospects 2004
The aim of this paper is to summarize for discussion purposes arguments related to the debt crisis of poor developing countries and the attempts to cope with it through the HIPC Initiative. Download
New York, 22-24 November 2004 Agenda and meeting documentation Global Economic Outlook Report on the Meeting of the Expert Group on the World Economic Situation and Prospects New York, 14 to 16 April 2004 Agenda and meeting documentation Global Economic Outlook Report on the Meeting of the Expert Group on the World Economic Situation Project LINK Meeting Document 2004