1887

Resource Mobilisation in a Changing Context

In recent years, the main thrust in the creation of new financial institutions has been at the regional and sub-regional levels. If carried too far, this trend could lead to increasing fragmentation into regional blocks. We see a danger, furthermore, that this fragmentation could be translated at the global level into an increasingly rigid division of the world into two camps - developed and developing, donor and recipient, active and passive.

English

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