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– Appraisals and Issues
Foreign assistance philosophy no longer favours channeling aid almost exclusively to recipients' public sector; 'a bottomless pit'. Increasing preference has been accorded by the donor multilateral development community to the private sector, regarded as the engine of growth, poverty reduction and...
The relationship between growth and poverty lies at the heart of development economics. While many see aggregate growth as both necessary and sufficient for reducing poverty, and consequently focus their efforts on achieving the desired macroeconomic outcomes, others stress that the benefits from...
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