Ending Hunger in America, 2014 Hunger Report Full Report | Page 162

Why the Millennium Development Goals Matter UN Photo/David Ohana U.N. Secretary-General Ban Ki-moon (center) walks with President Barack Obama outside the 37th G8 Summit in Deauville, France, in May 2011. Global poverty is now falling with unprecedented speed. More people escaped poverty during the 2000s than in any other decade in history. Even more importantly, progress was made in every major region of the world. According to the World Bank, the percentage of people living below the international poverty line ($1.25 per person per day) has fallen already by more than half since 1990; the MDG target of cutting poverty in half by 2015 has been reached.1 Accelerating this progress and reaching those left behind should be the focus of a post-2015 development framework. The MDGs are the global community’s most holistic approach yet to human development. Since they were set in 2000, the MDGs have become embedded in national development strategies; they also provide a framework for international donor agencies to align their support.2 In the 2000s, as more aid became available to help achieve the MDGs, the resources dedicated to tracking progress also increased—with far-reaching improvements in accountability.3 “Although it seems obvious today to track progress on intended targets,” says Todd Moss of the Center for Global Development in Washington, DC, “common practice in the past was simply to calculate inputs: how much money was spent, how many books were bought, etc., rather than on the hoped-for changes in countries, such as healthier and more educated people. In fact, the approach of finding out how we are actually doing is obvious now in part because of the [MDGs].”4 Perhaps the greatest contribution of the MDGs is their role in encouraging the emergence of a new international social norm. The MDGs provided a lens to focus public attention. In the words of David Hulme and James Scott of the University of Manchester in the United Kingdom, they succeeded in “showing extreme poverty as morally unacceptable in an affluent world.”5 The MDGs have a fair share of critics, and they are certainly not perfect. But the $3.5 trillion: the economic cost of malnutrition, equal to 5 percent of global Gross Domestic Product.1 152? Chapter 5 n Bread for the World Institute 34 countries are home to 90 percent of the world’s children stunted by malnutrition.2