Reinvigorating the Millennium Development Goals
Regaining Momentum
Delfin S. Go, Richard
Harmsen, and Hans Timmer
Progress on the Millennium Development Goals has
been slowed by the crisis. The rest of the world has
to help
Making a Breakthrough
Pedro Conceição and Selim
Jahan
To accelerate progress toward the Millennium
Development Goals, growth must happen in sectors
that directly benefit the poor, such as agriculture
Time for a Rethink
Jagdish Bhagwati
It is hard to object to the Millennium Development
Goals, but that doesn’t mean they lay out an
effective blueprint for development
Half Empty or Half Full
Andrew Berg and Luis-Felipe
Zanna
Does aid work? The net impact of aid surges depends
on country-specific factors
Growing out of Poverty
Arvind Panagariya
Economic expansion reduces poverty by creating
employment opportunities and making anti-poverty
programs fiscally feasible
Inequality Is Untenable
Rodney Ramcharan
If policymakers neglect income distribution, the
consequences for individuals and society can be
grave
Fiscal Fortunes
How Grim a Fiscal Future?
A Hidden Fiscal Crisis
Laurence J. Kotlikoff
A noted U.S. economist says debt figures
seriously understate long-term budget problems
in the United States
Building a Social Safety Net
Steve Barnett and Nigel
Chalk
China embarks on an effort to improve both
pensions and health care in the world’s most
populous nation
The Long Run Is Near
Kevin Cheng, Erik De
Vrijer, and Irina Yakadina
France, like many advanced economies, confronts
the expensive needs of a rapidly aging
population
By the Rule
Michel Camdessus and
Renaud Guidée
In France, a commission proposes a rule-based
framework to set the country on a path to
balanced budgets
Also in This Issue
After the Supernova
Ashok Vir Bhatia
Crisis management lessons from the IMF’s
assessment of the U.S. financial system
Judgment Day
S. Raihan Zamil
Changing the rules alone cannot make the
financial system safe. The judgment of banking
supervisors is crucial
Return to Form
Helge Berger and Martin
Schindler
Germany’s economy is again Europe’s locomotive,
but its export dependence is both a blessing and
a curse
Departments
People in Economics
Picture This
Reducing Child Mortality
Delfin S. Go
Despite progress, mortality rates of children under
age 5 remain unacceptably high
Back to Basics
Book Reviews
The Enigma of Capital And the Crises of Capitalism David Harvey
Crisis Economics: A Crash Course in the Future of Finance, Nouriel Roubini and Stephen Mihm