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Achieving the Millennium Development Goals: What’s wrong with existing analytical models?

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  • Sanjay G. Reddy
  • Antoine Heuty

Abstract

This study critically evaluates analytical models presently used to estimate the cost of achieving the Millennium Development Goals (MDGs) from sources including the UN Millennium Project, the UN Development Programme, the World Bank and the Zedillo Commission. Effective strategic choices for achieving the MDGs must be based on sound assessments of the costs and benefits of alternative policies. However, the existing approaches are unreliable. They derive from implausible and restrictive assumptions, depend on poor quality data, and are undermined by the presence of large uncertainties concerning the future. An alternative and less technocratic approach to planning is required.

Suggested Citation

  • Sanjay G. Reddy & Antoine Heuty, 2006. "Achieving the Millennium Development Goals: What’s wrong with existing analytical models?," Working Papers 30, United Nations, Department of Economics and Social Affairs.
    • Handle: RePEc:une:wpaper:30
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    References listed on IDEAS

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    Cited by:

    1. Osakwe, Patrick N. & Ben Hammouda, Hakim, 2006. "Financing Development in Africa: Trends, Issues and Challenges," MPRA Paper 1815, University Library of Munich, Germany.
    2. Sanjay G. Reddy & Ingrid Harvold Kvangraven, 2015. "Global Development Goals: If At All, Why, When and How?," Working Papers 1523, New School for Social Research, Department of Economics.
    3. World Bank, 2007. "Healthy Development : The World Bank Strategy for Health, Nutrition, and Population Results," World Bank Publications - Books, The World Bank Group, number 6843.

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    More about this item

    Keywords

    poverty; development; Millennium Development Goals;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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