Global Monitoring Report 2007 Milenium Development Goals by International Monetary Fund, World Bank

By International Monetary Fund, World Bank

The 2007 worldwide tracking record at the Millennium improvement objectives (MDGs) assesses the contributions of constructing nations, constructed nations, and overseas monetary associations towards assembly universally agreed improvement commitments. Fourth in a chain of annual studies major as much as 2015, this year's record experiences key advancements of the earlier 12 months, rising priorities, and offers an in depth region-by-region photo of functionality within the constructing areas of the area, drawing on symptoms for poverty, schooling, gender equality, future health, and different ambitions. Subtitled "Confronting the demanding situations of Gender Equality and Fragile States", this year's file highlights key thematic areas-gender equality and empowerment of ladies (the 3rd MDG) and the designated difficulties of fragile states, the place severe poverty is more and more targeted. The document, that is together issued by means of the realm financial institution and the overseas financial Fund, argues that gender equality and the empowerment of ladies are important to the advance schedule. reason why gender equality makes sturdy financial feel and since it is helping improve the opposite improvement goals-including schooling, food, and lowering baby mortality. speedy growth has been made in a few components, corresponding to reaching academic parity for women in fundamental and secondary tuition in so much international locations. yet in lots of different dimensions-including political illustration and participation in nonagricultural employment-performance nonetheless falls brief. larger tracking and efforts at mainstreaming gender equality calls for life like ambitions, robust management, technical services, and financing.

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Extra info for Global Monitoring Report 2007 Milenium Development Goals

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ONITORING¬)&)¬0ERFORMANCE Enhancing IFIs’ effectiveness in advancing the MDG agenda requires adapting their strategies and developing capacity to be responsive to (1) changing demands, including those related to globalization and global public goods; (2) growing differentiation among clients; (3) the availability of alternative financial resources; and (4) the growing number of actors on the development landscape. Several commissioned reports and events in 2006 reflect on the evolving responsibilities of the IFIs and the need to strengthen performance and collaboration.

9. '¬2%0/24¬¬  2%0/24¬/6%26)%7 ments, half are fragile states. Their weak performance is clearly linked to chronically weak institutional capacity and governance and to internal conflict, all of which undermine the capacity of the state to deliver basic social and infrastructure services and offer security to citizens. Conflicts are a major reason why countries slide into fragility; they extract high costs in terms of lives and physical damage, they reduce growth and increase poverty. While there are fewer conflicts in low-income countries than before, conflicts have become shorter and more intense, with an enormous negative impact on GDP growth averaging about 12 percent decline per year of conflict.

Third, fragile states are especially vulnerable to donor fragmentation and its potential burden on government capacity. This makes implementation of the Principles for Good International Engagement in Fragile States and advancing principles of the Paris Declaration on Aid Effectiveness particularly important. The IFIs need to work both between themselves and with other international partners to develop common approaches and operating principles in fragile states, in particular through efforts to improve coordination and division of labor with organizations leading peace-building efforts, such as the United Nations and regional institutions.

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