Poverty Reduction And Good Governance: Report of the by United Nations

By United Nations

In the total worldwide target of lowering poverty through part by way of 2015, a primary problem continues to be that of bettering the industrial and social stipulations of the greater than six hundred million population of the Least built international locations (LDCs). reliable governance could be instrumental achieve poverty relief. The problem is to construct able governments that could warrantly peace and defense, offer an permitting political and felony atmosphere for improvement and advertise equitable distribution. the current quantity comprises the document that the Committee submitted to the United international locations monetary and Social Council on those issues, in addition to papers, every one ready by means of a member of the Committee, that have been used to help the Committee in its deliberations.

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Extra resources for Poverty Reduction And Good Governance: Report of the Committee for Development Policy on the Sixth Session (29 March - 4 April 2004)

Sample text

With the exception of those LDCs with significant oil and gas production, expenditures on imports of oil and gas represent a large share of the limited foreign exchange available to most LDCs. Additionally, in the case of the landlocked developing countries and small island developing countries, the high cost of transportation contributes to high domestic energy prices, negatively impacting on poverty reduction, directly through the high cost of energy services, as well as indirectly, through its negative impacts on economic growth and competitiveness.

B above) should trigger the preparation of a vulnerability profile by the United Poverty reduction and good governance Nations Conference on Trade and Development (UNCTAD), in cooperation with the least developed country concerned. It further recommended that the vulnerability profile include both information about the effective benefits available to the country as a least developed country, and measures that could be required to prepare the country for smooth transition if it was deemed to qualify for graduation after the second consecutive triennial review.

45 46 The CDP Report 2004 Accountability of multilateral financial institutions 42. The relationship between economic growth and poverty in developing countries is complex, and, so far, no general understanding has been reached over the best approach to achieving poverty reduction. Yet, over one billion people, including 400 million in LDCs, are now living in countries whose Governments are preparing Poverty Reduction Strategy Papers (PRSPs) as a condition for concessional aid and debt relief. Efforts to improve the standard of living of the poor should continue, but unless the actual policy solutions are well grounded in a deep understanding of the causes of poverty, and how those causes have been, and can be, effectively addressed, they could end up with worse results.

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