2015 was an important year for the world of financial inclusion. Starting with the publication of the six randomised controlled trials results in January that sparked debate on the impacts of microcredit, the sector went on to celebrate (and question) an increase of 700 million people with access to financial services since 2011, with the publication of the 2014 Global Findex.
The millennium development goals (MDG) aspired to improve the lives of people in the developing world. There is a decline in the percentage of world’s population living in extreme poverty, but still a lot of the poor are living in middle income countries. There are more poor people living in India and in some of the Middle Eastern countries than in the whole of Africa. This scenario is also likely to evolve over the coming decade. Subsequently, we may see an entirely different world by the end of 2030.
Yet like any ambitious set of targets, not all the MDGs were fully met by many countries. Rather the goals worked as a framework upon which they could build their development policies and translate the policies into action. Let’s focus on one tiny target of a goal, yet one whose impact on the coming generations is most persisting: undernutrition. Undernutrition, a form of malnutrition, is a deficiency of calories of one or more essential nutrients. Two of the most used indicators to measure undernutrition are underweight and stunting.
To help make the case for including justice and the rule of law as a goal in the post-2015 global development agenda, I was in New York from 24 to 28 September to participate in a number of events. Of these, there were three major events which bear a special mention.