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How Infrastructure Investment Can Advance the Development Agenda

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Multilateral Development Cooperation in a Changing Global Order

Part of the book series: International Political Economy Series ((IPES))

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Abstract

Only two years remain to deliver on the Millennium Development Goals (MDGs). Progress on the goals has been mixed at best and varies significantly across goals and countries (Chapter 2, this volume). Currently, several MDGs are unlikely to be attained either globally or by a majority of countries, with lagging progress most apparent in low-income countries.1 Take the reduction of extreme poverty, for example. The number of extreme poor (those living on less than $1.252 a day) has fallen from about 1.8 billion in 1990 to 1.4 billion in 2005 — that is, from 42 percent of the population to 25 percent (Chen and Ravallion 2008). Though this global progress is considerable, it masks stark differences across countries as it is largely driven by successes in China. In many countries, extreme poverty has either fallen slowly or worsened.3

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Authors
  1. Justin Yifu Lin
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Editors and Affiliations

  1. The North-South Institute, Canada

    Hany Besada  & Shannon Kindornay  & 

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© 2013 Justin Yifu Lin

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Lin, J.Y. (2013). How Infrastructure Investment Can Advance the Development Agenda. In: Besada, H., Kindornay, S. (eds) Multilateral Development Cooperation in a Changing Global Order. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137297761_2

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