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Millennium Development Goals (MDGs)

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The paper tells that the MDGs were designed in a manner such that each of the eight goals is reinforced by specific targets, and dates for realizing or achieving those targets. For example, the first goal of eradicating extreme poverty and hunger has three specific targets and dates for achieving the three. These specific targets are; achieving employment opportunities that are decent for men, women, and the youth, reducing by half the proportion of persons living on less than $1 a day for the period between 1990 and 2015 and reducing by half the number of persons who experience extreme hunger. In designing the MDGs, the G8 countries also pledged adequate funds and resources to three international financial organizations to help fast-track progress toward the goals.

These three are the World Bank, the African Development Bank, and the International Monetary Fund. The poor countries, which were also heavily indebted to these three financial organizations, were also relieved of their debt obligations on condition that they redirect their resources to initiatives that alleviate hunger and provide universal primary education. The core of the MDGs is to foster development. All the MDGs, in one way or another, contribute to the development or well-being of a country. Generally, three aspects of development have been specified by the MDGs. These are infrastructure, human capital, and human rights. These three areas of emphasis were established for the sole reason of improving the living standards of persons. Human capital is very important to the productivity and consequent development of any country. An effective and efficient worker or laborer is one who has had access to good education and is healthy. The objectives that were thus established under the human capital development aspect are healthcare, education, and nutrition. The goals of combating HIV/AIDS and other diseases, reducing child mortality, achieving universal primary education and eradicating hunger stemmed from this development aspect. The second development issue is infrastructure.

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preview essay on Millennium Development Goals (MDGs)
  • Pages: 7 (1750 words)
  • Document Type: Essay
  • Subject: Business
  • Level: Ph.D.
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