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Global goals

  • Years ago, the UN announced its ‘Millennium Development Goals’ (MDGs) to be achieved by 2015
  • Overall, there was, and has been since, 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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