![]() ![]() And the poor are not significantly contributing to growth (…). The growth is not equitably reaching the poor. “The basic problem of poverty and growth in the developing world can be stated very simply. McNamara had a clear notion of the relation between poverty and inequalities: That means in practice the elimination of malnutrition and illiteracy, the reduction of infant mortality, and the raising of life-expectancy standards to those of the developed nations.” 1 “We should strive to eradicate absolute poverty by the end of this century. The first goal in the new sustainable development agenda is very ambitious and sets a high standard for the international community: End poverty in all its forms everywhere.Įnding poverty is an aspiration that is implicit in the 1945 United Nations charter that includes in its preamble the determination “to promote social progress and better standards of life in larger freedom.” The Universal Declaration of Human Rights (1947) established “freedom from fear and want” as “the highest aspiration of the common people.” And in 1973 Robert McNamara, then president of the World Bank, speaking to his board of directors in Nairobi, proposed a concrete target:
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