Stories written by Jomo Kwame Sundaram
Jomo Kwame Sundaram is United Nations Assistant-Secretary-General for Economic Development.

Opinion: No Aid, No Tax, No Development

The Addis Ababa Action Agenda is widely seen as a major disappointment for developing countries as well as others hoping for adequate means of implementation to realise national development ambitions and the Sustainable Development Goals (SDGs).

Opinion: Uneven MDG Progress Must Inspire Resolve to Do Much Better

The world received an important report card last month, in the form of the latest annual Millennium Development Goals Report. The report highlights a number of important achievements, but omits mention that some targets of the Millennium Development Goals (MDGs) were lower than those agreed to at the relevant U.N. international conferences of the 1990s.

Opinion: Strengthen Tax Cooperation to End Hunger and Poverty Quickly

By the end of this year, the 15-year time frame for the Millennium Development Goals will end, with good progress on several indicators, but limited achievements on others.

Opinion: U.N. Can Help Reform the International Financial System

The growth in global interdependence poses greater challenges to policy makers on a wide range of issues and for countries at all levels of development.

Opinion: Scale Up Innovative Financing for Development

More than four decades ago, the richer members of the international community committed to deliver at least 0.7 percent of their respective national incomes as official development assistance.

Opinion: Sub-Saharan Africa, Addis and Paris

After the turn of the century, growth in sub-Saharan Africa (SSA) picked up again after a quarter century of near stagnation for most, mainly due to increased world demand for minerals and other natural resources.

Opinion: Let’s End Chronic Hunger

At the 1996 World Food Summit (WFS), heads of government and the international community committed to reducing the number of hungry people in the world by half. Five years later, the Millennium Development Goals (MDGs) lowered this level of ambition by only seeking to halve the proportion of the hungry.

Opinion: The World Sees Progress Against Undernutrition, but it’s Uneven

In 2014, an estimated 805 million people – one in nine people worldwide – were estimated to be chronically hungry. All but 14 million of the world’s hungry live in developing countries, i.e., 791 million are in developing countries, where the share of the hungry has declined by less than half – from 23.4 per cent (1990-1992) to 13.5 per cent (2012-2014).

OPINION: Innovation Needed to Help Family Farms Thrive

Family farms have been contributing to food security and nutrition for centuries, if not millennia. But with changing demand for food as well as increasingly scarce natural resources and growing demographic pressures, family farms will need to innovate rapidly to thrive.

OPINION: Step Up Efforts Against Hunger

At the 1996 World Food Summit (WFS), heads of government and the international community committed themselves to reducing the number of hungry people in the world by half. Five years later, the Millennium Development Goals (MDGs) lowered this level of ambition by only seeking to halve the proportion of the hungry.

OP-ED: A Global Green New Deal for Sustainable Development

Eight decades ago, during the Great Depression, newly elected U.S. President Franklin Delano Roosevelt introduced the New Deal consisting of a number of mutually supporting initiatives of which the most prominent were:

OP-ED: Social Protection Can Help Overcome Poverty and Hunger

The growing consensus, momentum and commitment to eradicate world hunger may seem overly ambitious in view of the slow progress in reducing the number of hungry people in the world in recent decades.

Tackle Malnutrition Now

Between 2010 and 2012, 868 million people worldwide were deemed hungry by a conservative definition. This figure represents only a small fraction of the world’s population whose health and lives are blighted by malnutrition.

OPED – Austerity Bad for Recovery

No wonder the Euro zone countries, including Germany, are witnessing growing protests against the severe austerity measures. The unemployment rate in the Euro zone has exceeded 12% with close to 20 million people, mostly young, without a job.

IMF: WHEN NOTHING IS BETTER THAN SOMETHING (BAD)

On Sunday, the International Monetary Fund called for governments to rise together to face the challenges posed by the ongoing financial turmoil. Unfortunately, most developing countries do not feel the IMF belongs to them, which may adversely affect their willingness to accept Fund leadership, writes Jomo Kwame Sundaram, United Nations Assistant-Secretary-General for Economic Development. The 31 March proposal goes for approval to the Board of Governors at the annual Spring meetings this weekend. A reform of voting shares is long overdue, as the changed global economic landscape has accentuated the gross under-representation of developing countries. At the IMF's inception in Bretton Woods, New Hampshire, in 1944, all countries got basic votes in order to ensure voice and representation even for the smallest economies, while quota votes were allocated roughly in proportion to each country's economic clout. Basic votes made up almost 12 per cent of the total at the outset, rose to 16 per cent at its apex, but have decreased to a meagre 2.2 per cent since, as quota votes have increased in relative weight. Meanwhile, the Fund's membership has more than quadrupled from 44 to 184. If the weight of each country's basic vote had been preserved from the outset, and not been diluted by more than 95 per cent, the total basic votes today would come to about half. Instead, the proposal will treble the basic votes' share of total votes from 2.1 per cent to 5.5 per cent.