strategy

Providing economic aid

Claim:
For decades, international lending institutions have funded expensive economic development projects in emerging countries in the belief that by creating a strong economy they could help foster social development. After years of only mixed success and many failed attempts, they have begun to shift their priorities to funding social development projects first, understanding that strong communities are a prerequisite for economic development, not the beneficiary of it.
Subjects:
Type Classification:
C: Cross-sectoral strategies