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Global goals

  • Years ago, the UN announced its ‘Millennium Development Goals’ (MDGs) to be achieved by 2015 – and, overall, there has been considerable if not total success in meeting them 

 

 

                                      MDGs – by 2015

 

1. Eradicate extreme poverty and hunger

 

2. Achieve universal primary education

 

3. Promote gender equality and empower women

 

4. Reduce child mortality

 

5. Improve maternal health

 

6. Combat HIV/ AIDS, malaria and other diseases

 

7. Ensure environmental sustainability

 

8. Develop a global partnership for development

 

 

 

Global goals now needed are:

  • The G20 should focus on growing the world GDP pie so that all populations can not only survive but enjoy life – GDP growth is not a zero sum activity – if one nation betters itself, this is not at the expense of another

 

  • G20 economic aims should thus be:
    • To continue to grow their own GDPs by an average of say 2% per annum over the next 10 to 15 years
    • To greatly increase the GDP of each poorer GRoW nation – say by at least 5%, if not more, per annum over the same period

 

  • That way the GDP and prosperity of the GRoW nations would steadily close on the G20, but the G20 would not have to stand still waiting for them

 

  • To achieve such goals, the G20 should focus on helping the GRoW nations to help themselves and increasing trade with them all

 

  • In short, there has to be a collective focus on global productivity improvement – more output and better outcomes for everyone from limited global resources

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


  • ·         Clearly, such goals were most laudable, and action taken certainly had some success

 

  • ·         But the UN can’t meet such goals on its own – it has to rely on the richer G20 nations for funds and resources

 

  • ·         And asking G20 nations, individually and collectively, to provide substantial funds for poorer nations is difficult in practice, especially nowadays post 2008

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