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Additional resources for Achieving the Millennium Development Goals
The most recent World Bank estimates present a more positive picture than do the earlier studies, except with respect to sub-Saharan Africa (SSA). Our own estimates give figures more similar to those of the earlier studies. In general this will be because we assume lower elasticities than those used by the World Bank, especially for high-inequality countries, so the rate of poverty reduction as a consequence of growth is less. However, in the case of Africa, our estimates are more positive. This discrepancy is most likely caused by the World Bank using recent country-specific poverty estimates not available to us.
World Bank (2007) World Development Indicators, 2007. Washington, DC. 2 Projecting Progress Towards the Millennium Development Goals Howard White and Nina Blöndal Introduction Since the adoption of the International Development Targets, and their successor Millennium Development Goals (MDGs), a growing number of publications have presented estimates of development outcomes in 2015, the target year for most of the goals. What the majority of these projections show is that the developing world as a whole is ‘off track’ with respect to most targets.
It was also mentioned that the UN has called on donors to actually provide these levels of ODA. 6, which shows the actual annual levels of global aid from 1990 to 2006 as well as anticipated or projected levels, based on donor pledges and forward commitments, to 2010. 6 have been obtained from OECD sources (2007a; 2007b; 2007c). A scaling up of ODA is clearly evident and the level of these flows in 2005, which amounted to $US107 billion, is the highest ever provided by OECD DAC members. The scaling up did not, however, result in the hoped-for doubling of ODA by 2006.