The UN's Millennium Development Goals were designed to be attainable, but the global financial crisis nonetheless caused many to doubt whether they could be achieved. According to the UN, while the targets remain within reach, they will be accomplished only with the right mix of sound policies and added financial resources.
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PARIS – With only one-sixth of the European Financial Stability Facility’s €780 billion ($958 billion) in guarantee commitments, the lives of the world’s poorest people could be significantly improved. While the international community is not ready for such a leap, it is clear that by committing some resources, extreme poverty can be addressed effectively worldwide.