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Lao People's Democratic Republic and the World Bank Group

By The World Bank

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Book Id: WPLBN0000133431
Format Type: PDF eBook
File Size: 0.9 MB
Reproduction Date: 2005
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Title: Lao People's Democratic Republic and the World Bank Group  
Author: The World Bank
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Publication Date:
Publisher: The World Bank


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Bank, T. W. (n.d.). Lao People's Democratic Republic and the World Bank Group. Retrieved from


The Millennium Development Goals (MDGs) identify and quantify specific gains that can be made to improve the lives of the world?s poor by 2015. They were endorsed by 189 countries at the September 2000 United Nations Millennium General Assembly in New York. They provide a focus for the efforts of the all partners in the development community, including the World Bank. The MDGs grew out of the agreements and resolutions of world conferences organized by the United Nations in the past decade and have been commonly accepted as a framework for measuring development progress. There are eight MDGs (see chart). The first seven goals are mutually reinforcing and are directed at reducing poverty in all its forms. The eighth goal, global partnership for development, concerns the means to achieve the first seven. Many of the poorest countries will need additional assistance to achieve these goals. Countries that are poor and heavily indebted will need further help in reducing their debt burdens. And all countries will benefit if trade barriers are lowered, allowing a freer exchange of goods and services.


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