Wednesday, February 09, 2011

Time for a Rethink


It is hard to object to the Millennium Development Goals, but that doesn’t mean they lay out an effective blueprint for development

AT the start of what became known as the Doha Round of multilateral trade negotiations, many proposed it be named the Millennium Round. But that suggestion went nowhere after a wit observed that this could mean it would take a millennium before the negotiating nations would reach consensus to close the Round.

This is not quite the problem with the Millennium Development Goals (MDGs; see Box 1 in “Regaining Momentum” in this issue of F&D). They are not specific commitments by nation-states whose feet would be held to the fire in case of “default” or shortfall—the way that, say, a multinational trade agreement creates obligations through the World Trade Organization (WTO).

See full Article.