Assignment No 1 ECO501 Development Economics fall 2014 Solution Last date 5 Dec 2014

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Assignment No 1 ECO501 Development Economics fall 2014 Solution Last date 5th Dec 2014


Case:
Member countries of the United Nations adopted eight Millennium Development Goals
(MDGs) in September, 2000. Their purpose was to make substantial progress toward
the eradication of poverty and achieving other human development goals by year 2015.
The MDGs are the strongest statement yet of the international commitment to ending
global poverty.

The eight goals are ambitious to:
1. Eradicate extreme poverty and hunger
2. Achieve universal primary education
3. Promote gender equality and empower women
4. Reduce child mortality
5. Improve maternal health
6. Combat HIV/AIDS, malaria and other diseases
7. Ensure environmental sustainability
8. Develop a global partnership for development
The goals are then assigned specific targets deemed achievable by year 2015 based on
the pace of past international development achievements. According to United Nations
Development Program (UNDP), Pakistan has adopted 16 targets and 41 indicators
against which progress towards achieving the eight goals of the MDG’s is measured.
Time series data available for 33 of these indicators reveal that Pakistan is on track to
achieve the targets on 9 indicators, whereas its progress on 24 indicators is off track.
Requirement:
One of the eight Millennium Development Goals is to achieve universal primary
education. Being a student of development economics, critically evaluate this goal and
the achievement status of this goal with reference to Pakistan.Important Instructions:
 Topic of MDGs is given in Chapter # 1 of text book of Economic Development by
M.P. Todaro. Consult from the text book. Do not write the eight goals as they are
already given in the above case. Soft copy of text book is available on VULMS
site in “Downloads” section.
 Hint: Consult from the following sources: