Broad strategy essential for achieving MDGs, says UNCTAD head
26 September 2008 / 11:28
[Dateline: Geneva | Author: iSeek]
Expanding production and increasing productivity in industry and agriculture in developing countries are the best ways to reach the United Nations’ anti-poverty goals by 2015, writes Supachai Panitchpakdi, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), in the agency’s quarterly publication, UNCTAD News.
In an editorial published in the September- November 2008 issue of the publication, Mr. Panitchpakdi argues that despite rapid economic growth – an annual rate of 5-6% - by developing countries in the first five to six years of the new millennium, “many of the world’s poor countries have made only modest progress in reducing poverty.”
The UNCTAD head states, “If significantly faster progress isn’t achieved over the next seven years, many (countries) will fall short of such MDG (Millennium Development Goals) targets as reducing extreme poverty by half; halving child mortality; halving the proportion of the world population suffering from hunger; achieving universal primary schooling for all children; and eliminating gender disparities in primary and secondary education”
The magazine also carried articles on a wide range of economic issues, including rising concerns over a possible broader recession resulting from lengthy United States economic downturn and the impact of biofuels and neglect of agriculture on the world food crisis.
Other issues covered include economic and development reports published by the agency and the meeting of UNCTAD’s governing body from 15-26 September at the Palais des Nations in Geneva, which is examining among other issues, the MDGs, the food crisis and the Doha negotiations. Please click to read more from UNCTAD News.