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Human development

The Millennium Development Goals

In this regular column, Peter Smith discusses some commonly used economic statistics and offers guidance on how to use them

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In September 2000, the 189 member nations of the United Nations (UN) held what became known as the Millennium Summit, and agreed the following declaration of intent:

Cynics questioned whether this was just another gesture towards those nations in the world that have yet to undergo economic and human development, but there was at least one difference this time — the declaration was backed up by the establishment of the Millennium Development Goals (MDGs). These goals encompassed what the delegates at the summit saw as being the critical areas in which improvement was needed. Furthermore, the MDGs were to be monitored regularly through a series of indicators that would check whether they were being met. The eight goals were:

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Asymmetric information: problems and responses

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Review of the UK economy in 2012

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