© United Nations Development Programme GLOBAL CRISIS AND THE MDGs PERSPECTIVES, IMPACTS AND POLICY OPTIONS Selim Jahan Director, Poverty Practice October 2009

© United Nations Development Programme Present crisis – multi-regional, multi-dimensional (3 Fs – food, fuels and financial) and volatile Crisis began in developed world Crises within the crisis – regional and country specificity Economic and human impacts Global and national action needed AN EIGHT-POINT AGENDA FIVE INITIAL OBSERVATIONS

© United Nations Development Programme Incidence of extreme poverty declined from 42 percent to 31 percent Proportion of malnourished people declined form 20 percent to 17 percent Child mortality rate – from 106 to 74 per one thousand live births Net primary enrolment – increased from 83 percent to 89% percent Number of people newly HIV-infected declined from 3.0 to 2.7 million Share of female seats in parliaments increased from 10 percent to 17 percent AN EIGHT-POINT AGENDA PRE-CRISIS MDG PROGESS

© United Nations Development Programme An additional 55 to 90 million people will be in poverty again Number of working poor may swell by more than 200 million An additional 20 million people will go hungry every night Global unemployment may rise by 30 Million Between 200,000 and 400,000 more babies may die each year by now and 2015 AN EIGHT-POINT AGENDA IMPACTS OF THE CRISIS ON THE MDGs -GLOBAL

© United Nations Development Programme MDG progress reversed in many Countries and decelerated in others Countries, on track, now off-track Middle-income countries also affected More and deeper pockets of deprivations Vulnerability of countries and People increased AN EIGHT-POINT AGENDA IMPACTS OF THE CRISIS ON THE MDGs – COUNTRY-LEVEL

© United Nations Development Programme Reviving economic growth through appropriate strategies Stimulus package if fiscal space available Ensuring basic social services to poor people Employment creation and public Works programme Social protection and social Safety nets AN EIGHT-POINT AGENDA POLICY OPTIONS - NATIONAL

© United Nations Development Programme Part of the developed world’s stimulus package devoted to poor countries Increasing ODA level to poor countries Maintaining trade opportunities for the developing world Increased support from multilateral organizations South-South collaboration AN EIGHT-POINT AGENDA POLICY OPTIONS - GLOBAL

© United Nations Development Programme THANK YOU UNITED NATIONS DEVELOPMENT PROGRAMME POVERTY PRACTICE