Publication

This paper explores the feasibility of the Millennium Development Goals (MDGs). It argues on the basis of statistical evidence that economic growth plays a crucial role in poverty reduction. It examines the feasibility of the principle that sustainable development should be incorporated into poverty alleviation policy. It provides data on the genuine savings rates of 126 countries for the period 1995 to 2001. The variable aims to serve as as an indicator of the dual MDG objectives of poverty reduction and environmental sustainability. The implications of population growth for the feasibility of the MDGs are taken into account. Finally, the last section provides a summary of the main findings of the study.