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Finance and Development. 2003 Dec; 40(4):14-19.With just 12 years left to achieve the W Millennium Development Goals, a greater sense of urgency is needed by all sides if the targets are to be met. Many developing countries are making substantial progress toward the MDGs as a result of improved policies, better governance, and the productive use of development assistance. But they could do more with the right mix of policy reforms and additional help. Scaling up efforts to meet the MDGs by 2015 presents both opportunities and challenges. By acting now, developed countries can hasten progress by providing more and better aid and by allowing greater access to their markets. Developing countries, for their part, will need to continue to improve their policies and the way they are implemented. Without greater impetus, there is a serious risk that many countries will fall far short on many of the goals. (excerpt)
Human development report 2003. Millennium Development Goals: a compact among nations to end human poverty.
New York, New York, Oxford University Press, 2003. xv, 367 p.The central part of this Report is devoted to assessing where the greatest problems are, analysing what needs to be done to reverse these setbacks and offering concrete proposals on how to accelerate progress everywhere towards achieving all the Goals. In doing so, it provides a persuasive argument for why, even in the poorest countries, there is still hope that the Goals can be met. But though the Goals provide a new framework for development that demands results and increases accountability, they are not a programmatic instrument. The political will and good policy ideas underpinning any attempt to meet the Goals can work only if they are translated into nationally owned, nationally driven development strategies guided by sound science, good economics and transparent, accountable governance. That is why this Report also sets out a Millennium Development Compact. Building on the commitment that world leaders made at the 2002 Monterrey Conference on Financing for Development to forge a “new partnership between developed and developing countries”—a partnership aimed squarely at implementing the Millennium Declaration—the Compact provides a broad framework for how national development strategies and international support from donors, international agencies and others can be both better aligned and commensurate with the scale of the challenge of the Goals. And the Compact puts responsibilities squarely on both sides: requiring bold reforms from poor countries and obliging donor countries to step forward and support those efforts. (excerpt)
BACKGROUND NOTES. 1988 Mar; 1-8.The Republic of Kuwait occupies an area of 6,880 square miles at the head of the Persian Gulf, bounded on the north and west by Iraq and on the south by Saudi Arabia. 1.7 million people live in Kuwait, of whom 680,000 are Kuwaitis; the rest are expatriate Arabs, Iranians, and Indians. The annual growth rate of Kuwaitis is 3.8%. The Kuwaitis are 70% Sunni and 30% Shi'a Muslims. Arabic is the official language, but English is widely spoken. Kuwait is a highly developed welfare state with a free market economy. Education is free and compulsory, and literacy is 71%. Infant mortality among Kuwaitis is 26.1/1000, and life expectancy is 70 years. Medical care is free. Kuwait was first settled by Arab tribes from Qatar. In 1899 the ruler, Sheikh Mubarak Al Sabah, whose descendents still rule Kuwait, signed a treaty with Britain; and Kuwait remained a British protectorate until it became independent in 1961. A constitution was promulgated in 1962, and a National Assembly was elected by adult male suffrage in 1963. However, the Assembly has since been suspended due to internal friction. Kuwait and Iraq have been disputing Kuwait's northern border since 1913, and the southern border includes a Divided Zone, where sovereignty is disputed by Kuwait and Saudi Arabia. Despite the fall in oil prices in 1982 and the loss of trade due to the Iran-Iraq war, Kuwait is one of the world's wealthiest countries with a per capita gross domestic product of $10,175. Oil accounts for 85% of Kuwait's exports, which total $7.42 billion; income from foreign investments (about $60 billion) makes up most of the balance. All petroleum-related activities are managed by the Kuwait Petroleum Corporation (KPC), which includes the nationalized Kuwait Oil Company, petrochemical industries, the 22-vessel tanker fleet, and refineries and service stations in Europe, where Kuwaiti oil is marketed under the brand name Q8. Kuwait has more than 66 billion barrels of recoverable oil but limits production to 999,000 barrels per day. Other industrial products include ammonia, chemical fertilizers, fishing and water desalinization (215 million gallons a day). Kuwait imports machinery, manufactured goods, and food. Nevertheless exports exceed imports by $2 billion, and the Kuwaiti dinar is a strong currency (1 KD=US$3.57). About $75 billion is kept in 2 reserve funds: the Fund for Future Generations and the General Reserve Fund. In addition to domestic expenditures and imports, Kuwait has extended $5 billion worth of loans to developing countries, made through the Kuwait Fund for Arab Economic Development. Kuwait has been engaged in continuing border disputes with Iraq since 1961, but the most immediate threat to Kuwait has been the Iran-Iraq war. Kuwait lent Iraq $6 billion, in retaliation for which Iran bombed a Kuwaiti oil depot, and Shi'a Muslim terrorists bombed the French and US embassies and hijacked a Kuwaiti airliner in 1984. Iran also attacked Kuwaiti tankers. In 1987 the US reflagged 11 Kuwaiti tankers to protect them from Iranian attacks. Kuwait has been modernizing its own military forces as well as purchasing sophisticated weapons from the UK, the US, France, and the USSR. In 1981 Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates and Oman formed the Gulf Cooperation Council (GCC) for mutual defense, and in 1987 Kuwait was elected chairman of the Organization of the Islamic Conference (OIC). Kuwait has diplomatic relations with the USSR and the People's Republic of China, as well as with the US, which has supplied Kuwait with $1.5 billion of sophisticated weaponry from foreign military sales (FMC). The US is Kuwait's largest supplier (after Japan), and Kuwait is the 5th largest market in the Middle East for US goods, despite the disincentives brought about by the Arab boycott of Israel.