Goal 8: develop a global partnership for development
Goal 8: develop a global partnership for development
Goal 8 has multiple objectives, all converging in one global partnership for development. The deal makes it clear that it is the primary responsibility of poor countries to work towards achieving the first seven goals. But for this to be achieved, it is absolutely critical that rich countries deliver on their end of the bargain with increased and more effective aid, debt relief and fairer trade rules well in advance of 2015.
In our world today:
- The proportion of the national budgets that donor countries allocate to development aid (foreign aid) is falling, despite renewed commitments to increase it.
- Only Denmark, Luxembourg, the Netherlands, Norway and Sweden have reached or exceeded the United Nations target of 0.7% of gross national income (GNI) for development aid.
- As of early 2007 members of the WTO had still not establish a programme to improve the prospects of developing countries on the global marketplace, despite promises made in that regard during the Doha rounds of negotiations in 2001.
Progress on Goal 8:
- The external debts owed by the poorest countries continue to be relieved thanks to two programmes: the Highly Indebted Poor Country (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI).
