As G-8 and G-20 leaders prepare to gather in Canada, new analysis issued by the Overseas Development Institute (ODI) and the United Nations Millennium Campaign finds that, in absolute terms, many of the world’s poorest countries are making the most overall progress towards achieving the Millennium Development Goals (MDGs) – the set of promises world leaders made to significantly reduce extreme poverty, illiteracy and disease by 2015. Particularly relevant for G-8 countries are the findings which underline the importance of open trade and effective and timely aid in driving this success. For poor countries, political leadership, accountability and adequate budgetary allocations for the Goals are cited as key criteria to drive sustained progress.Read more.
Eleven of the 20 countries making the most absolute progress on the MDGs are amongst the poorest countries in Africa; half of African countries are on track to meet the target of halving poverty by 2015.