Essay About World Bank And Poor Nations

Millennium Development
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Arguments in favour of Millennium Development Goals
1) Factor of Development – MDGs has comprehensive and clear focus which
provide means for other organizations who are not member of MDGs that
pace the development of planet. For example, 60% of NGOs made MDGs as
a useful tool for describing their value for lobbying, fundraising,
monitoring their projects. (5)
2) Global Support – The various international organizations and powerful
nations such as OECD, World Bank, World Health Organization (WHO)
support MDGs in respect to projects, financial aid, global partnership etc.
For example, WHO and MDGs supported by United Nations Millennium
Declaration (2000), are working towards the tobacco control specifically in
poor nations.. World Bank has increased total debt forgiveness by $ 4.3
billion to Sub-Sahara Africa in 2003. (6) and (7)
3) Proven Track Record – MDGs has stumbled upon various successful
projects since its journey has started. For example, the annual international
death rate of children under 5 years has fallen from 12.4 million in 1990 to
8.1 million in 2009. AIDS infection has decreased by 17% in 2009 since
2000. Also, in India watershed management project established in five
regions has increased household income up to 66%.In Ethiopia, number of
people who could access to safe drinking water has augmented to 94% in
2008 from 60% in 1990. (8) and (9)
4) Multiple Benefits – Can boost economic growth , Reduce poverty , Family
planning programes produce tangible savings, Family planning enables
couples and individuals to achieve desired family size and improve family
well-being. , When women and men respectfully support each other on
reproductive health choices, families and communities benefits. (10)