A Development Emergency: the title of this year's Global Monitoring Report, the sixth in an annual series, could not be … development crisis. No region is immune. The poor countries are especially vulnerable, as they have the least cushion to withstand … of many. The prospect of reaching the Millennium Development Goals (MDGs) by 2015, already a cause for serious concern …

objectives, although risks to development outcomes remain high. Impressive results have been achieved in public financial … management, public health, telecommunications, and community development; substantial outputs have also been achieved in primary …, agriculture, urban development, and private sector development. • The Bank Group’s direct financial assistance has been augmented …