Microfinance is now perceived as a major tool for poverty reduction and a key contributor to the achievement of the Millennium Development Goals (MDGs), especially MDG1
concerning poverty alleviation.
The problem of underweight children under five years of age comes as one of the targets in the MDG1
(Eradicate Extreme Poverty and Hunger).
ActionAid's research also shows the real dates on which countries are likely meet MDG1
and scores nations on their efforts to fight hunger so far.
Most countries failed to meet the 7% or more required to achieve MDG1
to halve poverty by 2015.
But in many parts of the world, notably in Africa and South Asia, progress on MDG1
has been weak or non-existent.
It is possible the country could even achieve this indicator of MDG1
, though not if the slow rate of improvement over the second half of the 2000s persists.
targets poverty and hunger, and includes an indicator that aims at reducing the number of underweight children.
The MDG1 to halve poverty between 1990 and 2015 is one that puts Sub-Saharan Africa on the spot.
The mismatch between international and national targets is particularly reflected in the case of MDG1 for poverty reduction.
In addressing this question, it is helpful to make a distinction between polic ies that are likely to be effective in the short- to medium-term, a period which now encompasses the timeframe of MDG1
, and those that are likely to produce fundamentally stronger incomes in the long term.