The Need For Development Agencies To Work With Philanthropists, The Public And The Private Sectors In Creating Better Societies

We have witnessed, in the last fifteen years, a significant change in the needs and nature of development aid given to and needed by the developing world. Since the turn of the century we have witnessed the very fast pace at which some emerging economies have caught up to and surpassed many OECD economies, especially in terms of magnitude. This is not surprising, as in many cases these countries and regions boast vastly larger populations than their OECD counterparts, but this growth rate has created new needs for these rapidly developing countries that emphasized the gap between the “haves and the have-nots” in both regional and individual cases. Read more