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LDCs’ progress towards achieving the MDGs

The Millennium Development Goals (MDGs, see table 7) have embodied the objectives of the global community with respect to development since 2000. In addition, the Brussels and Istanbul Plans of Action have set the economic development objectives for least developed countries (LDCs) during this period. However, while the LDCs have achieved an overall economic growth rate broadly in line with the 7 per cent target set by those Plans of Action, the majority of LDCs are expected to miss most of the MDGs. As discussed in box 2, the MDG metrics, by their very nature, are exceptionally challenging to the LDCs, so that failure to meet those targets should not be interpreted simply as a shortcoming of LDC governments themselves; it also reflects in part a failure of the international community to live up to its commitments to global development in general, and to LDCs in particular.

Related Subject(s): Economic and Social Development
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