Economic conditions and policies during MDG implementation

This chapter reviews the economic conditions and policies that have prevailed during the years since the Millennium Development Goals (MDGs) were adopted and numerous efforts were implemented to pursue them. The focus is mostly, although not exclusively, on developing countries towards whom most of the MDGs were targeted. The review is necessary because economic conditions and policies have been critical to economic growth, which, in turn, has been shown to be correlated with the achievement of the MDGs (see section on economic growth and MDGs). Moreover, understanding the way in which economic conditions increase or undermine the policy space available is critical, since these economic conditions are usually changing and are highly influenced by the global macroeconomic environment, especially in the case of small and open economies.

Related Subject(s): Economic and Social Development
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