3 June 2009
GLOBAL ECONOMIC CRISIS CREATES “DEVELOPMENT EMERGENCY”
The global financial crisis is imperiling attainment of the 2015 Millennium Development Goals (MDGs) and creating an emergency for development according to the 2009 Global Monitoring Report issued recently by the World Bank.
The report warns that although the first goal of halving extreme poverty by 2015 from its 1990 level is still reachable based on current projections, the deepening global recession, rising unemployment, and volatile commodity prices in 2008 and 2009 are seriously affecting progress toward poverty reduction. The recent food crisis has also thrown millions into extreme poverty.
According to the report recovery prospects depend on effective policies that restore confidence in the financial system, but the world must also act decisively to support low-income countries that cannot respond to the effects of the crisis without burdening their poorest people. This underscores the urgency of increasing official development aid.
ONE is an international organization committed to the fight against extreme poverty and preventable disease, particularly in Africa. It works closely with policy experts, African leaders, and anti-poverty activists to mobilise public opinion in support of tested and proven programs to fight poverty.
Resources and suggestions for Anti-Poverty week have also recently posted on the above website.
Anti-Poverty Week was established in Australia as an expansion of the UN's annual International Anti-Poverty Day on October 17.
The main aims of Anti-Poverty Week are to:
* strengthen public understanding of the causes and consequences of poverty and hardship around the world and in Australia;
* encourage research, discussion and action to address these problems, including action by individuals, communities, organisations and governments.
Everyone who is interested in helping to reduce poverty and hardship here or overseas is encouraged to organise their own activities during the Week or join in some being organised by other people. The activities can be large or small, and events at the local level are especially welcome.
The report warns that although the first goal of halving extreme poverty by 2015 from its 1990 level is still reachable based on current projections, the deepening global recession, rising unemployment, and volatile commodity prices in 2008 and 2009 are seriously affecting progress toward poverty reduction. The recent food crisis has also thrown millions into extreme poverty.
According to the report recovery prospects depend on effective policies that restore confidence in the financial system, but the world must also act decisively to support low-income countries that cannot respond to the effects of the crisis without burdening their poorest people. This underscores the urgency of increasing official development aid.
ONE is an international organization committed to the fight against extreme poverty and preventable disease, particularly in Africa. It works closely with policy experts, African leaders, and anti-poverty activists to mobilise public opinion in support of tested and proven programs to fight poverty.
Resources and suggestions for Anti-Poverty week have also recently posted on the above website.
Anti-Poverty Week was established in Australia as an expansion of the UN's annual International Anti-Poverty Day on October 17.
The main aims of Anti-Poverty Week are to:
* strengthen public understanding of the causes and consequences of poverty and hardship around the world and in Australia;
* encourage research, discussion and action to address these problems, including action by individuals, communities, organisations and governments.
Everyone who is interested in helping to reduce poverty and hardship here or overseas is encouraged to organise their own activities during the Week or join in some being organised by other people. The activities can be large or small, and events at the local level are especially welcome.
Comments:
Post a Comment
