UN Millennium Development Library: Trade in Development

The Millennium Development Goals, adopted at the UN Millennium Summit in 2000, are the world’s targets for dramatically reducing extreme poverty in its many dimensions by 2015i? income poverty, hunger, disease, exclusion, lack of infrastructure and shelteri? while promoting gender equality, education, health and environmental sustainability. These bold goals can be met in all parts of the world if nations follow through on their commitments to work together to meet them. Achieving the Millennium Development Goals offers the prospect of a more secure, just, and prosperous world for all. The UN Millennium Project was commissioned by United Nations Secretary-General Kofi Annan to develop a practical plan of action to meet the Millennium Development Goals. As an independent advisory body directed by Professor Jeffrey D. Sachs, the UN Millennium Project submitted its recommendations to the UN Secretary General in January 2005. i? The core of the UN Millennium Project’s work has been carried out by 10 thematic Task Forces comprising more than 250 experts from around the world, including scientists, development practitioners, parliamentarians, policymakers, and representatives from civil society, UN agencies, the World Bank, the IMF, and the private sector. The trading system is unbalanced against developing countries. Correcting the imbalance will give developing countries greater economic growth potential and a more effective capacity to defeat poverty. The progressive elimination of remaining trade barriers in goods and services, with rich counties leading by example, coupled with enough support for poor countries to bear adjustment costs and build export capacity must be part of the international pursuit to overcome poverty.