MDGs - Harnessing aid and global partnerships

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Transcript MDGs - Harnessing aid and global partnerships

MDGs –
Harnessing Aid and Global
Partnerships
Richard Young
Head of Development Cooperation
European Union Delegation to the Republic of South Africa
17th March 2011
Where are we – global figures
Poverty
Population with less than $1.25 per day
Other Regions
East Asia and Pacific excl. China
China
South Asia excl. India
India
Sub-Saharan Africa
Source: Global Monitoring Report 2010, MDGs after the Crisis, World Bank
The World is changing – per cent of world GDP for
Africa, Asia, Europe, USA
80
Asia
70
60
per cent world
Europe
50
USA
40
Africa
30
20
10
0
1
1000
1500
1600
1700
1820
1870
1913
1950
1973
2003
Years
Source: Contours of the World Economy 1-2030 AD, Angus Madison, 2007
Partnerships for sustainable growth and jobs?
• More Aid?
– The 0.7% target of aid to Gross National Income
– The 20% and the 2% club
– Blending grant and loan funds for greater impact
• Beyond Aid
– Policy Coherence for Development
– Trade, finance, food security, migration, and security
• The missing global challenges
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–
–
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infrastructure – not just social but also economic
Climate change – how can we get low-carbon growth?
Food security and energy security
Inequality – poor in middle-income countries
• The new policy space
– Post-crisis politics and post-crisis economics
– Exploit the varieties of experience
– No (international) best practice
The need for engagement
• South Africa
– 4%-5% is not enough
– How do you raise the (sustainable) growth rate?
– The role of Local Economic Development
• The Region
– Ensuring there are something to trade – growth again
– Regional economic cooperation
• Global
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–
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From G8 to G20
But need for other engagements – BRICS, Asia, Europe, US
Aid Effectiveness - Busan, South Korea
Climate change conference (COP17) – Durban, South Africa
UN MDG Conference 2013
Conclusion
• MDGs have been and are fulfilling a unique advocacy
and mobilising role
• But they are not everything
– Whole areas of the economy missing – focus on social
– Cannot rely on just a few high-level indicators
– Need to adapt to country context
• But more deeply a changing world calls for changing
response
• Changing response, nationally, regionally, and globally
– MDG+ or beyond the MDGs…
• But prepare yourself for the debate as we get closer to
2015
Can we see Africa’s future in
South Korea?