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This presentation by Francois Bourguignon, Chief Economist and Senior Vice President at the World Bank, addresses the critical role of absorptive capacity in achieving the Millennium Development Goals (MDGs). Delivered during the ECOSOC High-Level Policy Dialogue at the United Nations on March 17, 2005, it highlights key indicators such as the share of the population living on $1 a day, net primary school completion rates, and child mortality rates. The discussion encompasses the need for foreign grants, productivity gains, and effective spending strategies to meet the MDGs successfully.
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Towards Achieving the MDGs: Addressing Absorptive Capacity Constraints Francois Bourguignon Chief Economist and Senior Vice President The World Bank Presentation at the ECOSOC High Level Policy Dialogue The United Nations March 17,2005
MDG 1: Share of Population Living on $1 (PPP) per day or less (%)
Foreign grants necessary to reach the MDGs (US dollar per capita)
Real Wage for Workers with Secondary-School Education (Birr)
Time sequencing of spending and MDG costs (excl. Infrastructure) No productivity gain Productivity gain