The Global Monitoring Report 2006 examines the commitments and actions of donors, international financial institutions, and developing countries to implement the Millennium Declaration, signed by 189 countries in 2000. Many countries are off track to meet the Millennium Development Goals, particularly in Africa and South Asia, but new evidence is emerging that higher quality aid and a better policy environment are accelerating progress in some countries, and that the benefits of this progress are reaching poor families.
This report examines the donors’ 2005 commitments to aid and debt relief, and argues that rigorous, sustained monitoring is needed to ensure that they are met and deliver results, and to prevent the cycle of accumulating unsustainable debt from repeating itself. International financial institutions, for their part, need to focus on development outcomes rather than on inputs, and support the efforts of developing countries to strengthen statistical and institutional capacity.
Monitoring governance and strengthening support for global governance initiatives are also vital. Governance is multidimensional and there is no unique path to good governance. But regular monitoring is needed to track progress, generate accountability, and develop realistic goals for governance reform. Donors need to support a global framework for good governance, while strengthening their own anticorruption controls and encouraging greater transparency.
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