There are many different elements in the MDGs, especially as each goal has a number of ‘targets’ that span across different sub-issues, but most of them relate to reducing poverty and improving education and health in poor countries. … Laudable these goals and targets may be, their sum total does not amount to development in the sense we are talking about, as they pay no serious attention to the transformation of productive structure and capabilities. … The emphasis in this vision is very much on the trinity of increased aid, debt reduction, and increased trade. Debt reduction and increased aid are simply enabling conditions, rather than those that determine the … Continue reading Ha-Joon Chang