Goal 8: Develop a Global Partnership for Development

 

Introduction

The Millennium Goals represent a global partnership for development. The deal makes clear that it is the primary responsibility of poor countries to work towards achieving the first seven Goals. They must do their part to ensure greater accountability to citizens and efficient use of resources. But for poor countries to achieve the first seven Goals, it is absolutely critical that rich countries deliver on their end of the bargain with more and more effective aid, more sustainable debt relief and fairer trade rules, well in advance of 2015.

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Goal 8 of the Millennium Development Goals sets out by the year 2015 to:

  • Develop further an open trading and financial system that is rule-based, predictable and non-discriminatory. Includes a commitment to good governance, development and poverty reduction—nationally and internationally.
  • Address the least developed countries’ special needs. This includes tariff- and quota-free access for their exports; enhanced debt relief for heavily indebted poor countries; cancellation of official bilateral debt; and more generous official development assistance for countries committed to poverty reduction.
  • Address the special needs of landlocked and small island developing States.
  • Deal comprehensively with developing countries’ debt problems through national and international measures to make debt sustainable in the long term
  • In cooperation with the developing countries, develop decent and productive work for youth.
  • In cooperation with pharmaceutical companies, provide access to affordable essential drugs in developing countries.
  • In cooperation with the private sector, make available the benefits of new technologies—especially information and communications technologies.

Did you know?

Did you know that in our world today:

Trade

  • The United Nations estimates that unfair trade rules deny poor countries $700 billion every year. Less than 0.01% of this could save the sight of 30 million people.(Source:ChristianAid)
  • International trade is worth $10 million a minute. 70% of this is controlled by multinational corporations. (Source:ChristianAid)
  • The poorest 49 countries make up 10% of the world’s population but account for only 0.4% of world trade. Their share has halved since 1980. (Source:ChristianAid)
  • World trade robs poor countries of £1.3 billion a day – 14 times what they get in aid. (Source:CAFOD, 2003)
  • The prices of many poor countries’ key exports are at a 150-year low.(Source:ChristianAid)
  • It’s estimated that rich countries are gaining $141.8 billion per year in trade and Africa is $2.6 billion per year worse off. (Source:ChristianAid)
  • Rich countries spend $100 billion a year to protect their markets with tariffs, quotas and subsidies – this is twice as much as they provide in aid for developing countries.(Source:Oxfam)
  • Current trade rules force Mexican farmers who live on a dollar a day to compete with American farmers receiving subsidies of more than US$20,000 a year.(Source:ChristianAid)
  • The average cow in the EU receives more than $2 a day in subsidies, whilst more than 3 billion people in developing countries are struggling to survive on less than this. (Source:Cafod)
  • The EU gives $86.8 billion a year to its farmers in subsidies. Just $5 billion could help give everyone in the world access to safe water and sanitation. (Source)
  • On average, coffee farmers are getting $1 a kilogram while consumers are paying about $15 – a mark up of 1500%. (Source:  Oxfam)

Aid

  • In 1970, 22 of the world’s richest countries pledged to spend 0.7% of their national income on aid. 34 years later, only 5 countries have kept that promise. The UK hasn’t. (Source:Save The Children)
  • In 2002/3 the UK spent just 0.3% of national income on aid. If the UK met the 0.7% target by 2008, an extra 1.5 million people could beat poverty that year. (Source:Save The Children)
  • To achieve 0.7%, the UK needs to increase its aid budget by £3 billion. It sounds huge, but it is possible – the UK government found £5.5 billion to fund the ‘war on terror’. (Source:Guardian)
  • Rich Country Aid Commitments: The good the bad and the ugly

 

  • Debt
  • 7 Million children die each year as a result of the debt crisis. (Source:JDC, 2001)
  • For every £1 in grant aid to developing countries, more than £13 comes back in debt repayments. (Source:World Health Report 2000)
  • Every year Sub-Saharan Africa, the poorest region of the world, spends $14.5 billion repaying debts to the world’s rich countries and international institutions such as the World Bank and International Monetary Fund. (Source:DATA)
  • If we are to reach the Millennium Development Goal of halving the number of people living on less than one dollar a day by 2015, we must cancel all the debts of the poorest countries. (Source:Jubilee Debt Campaign)
  • More than 85% of the debt owed by the world’s poorest countries has yet to be cancelled. (Source:  Cafod)
  • Debt cancellation needed by the world’s poor: US$ 300bn. Debt relief promised by creditors so far: US$ 110bn. Debt cancellation delivered by July 2003: US$ 36bn.(Source:Cafod)
  • Spread over ten years the cost to the UK taxpayer of cancelling £1.3bn debt is £171m a year or £2.85 per UK citizen per year – the price of a pint. (Source:WDM)
  • Spread over 20 years, the cost of cancelling the debts of the 52 Jubilee 2000 countries is only one penny a day for each person in the industrialised world.(Source:World Centric)
  • Ethiopia, a country with one of the highest mortality rates in the world, the $197m spent on servicing the national debt in 2001 could have fully financed provision of a basic package of health care for mothers and children. (Source:Oxfam)
  • The money spent on debt repayments could provide water for around 1.3 billion people. (Source:WaterAid)

What can you do?

So what will it take to ensure that developed and developing countries both hold up their ends of the global deal? You. We must hold governments in both the North and the South to their Millennium pledges. We must make it clear to them that we refuse to miss this historic opportunity to put an end to poverty!

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