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MDG Achievement: Potential Costs and Policy Implications for Peru

1. The MDG Framework and the Development Agenda. . In September 2000, all country members of the United Nations (UN) signed the Millennium Declaration, through which they committed to achieve, by the year 2015, a set of goals and quantitative targets related to poverty reduction, hunger, malnutri

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MDG Achievement: Potential Costs and Policy Implications for Peru

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    1. MDG Achievement: Potential Costs and Policy Implications for Peru Gustavo Yamada and Juan Francisco Castro Economics Department and Research Center Universidad del Pacífico XII Meetings of the LACEA/ IADB/ WB/ UNDP Research Network on Inequality and Poverty (NIP) Universidad del Pacífico, Lima, Peru July 21, 2009

    5. 2. The Analytical Contribution of the MDG Framework The wide range of aspects involved in the MDGs, reflects the shift towards a broadened concept of poverty, and the fact that all these issues must be taken care of simultaneously, point out the relevance of promoting a comprehensive approach and a coordinated strategy for reducing poverty. The MDG framework can be viewed as an important step towards a consensus regarding the minimum set of arguments that a social planner’s loss function must include, specially when considering inter-temporal difficult choices between short term poverty alleviation and long term poverty reduction.

    7. MDG Indicators for Peru

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