Loans and Development

Loans and Development
Introduction
Since 1980s, the issue of sustainable development and poverty eradication has played a central role in the international agenda. The UN conference held in 1992 in Rio focused on the relationship between poverty, development, environmental degradation, trade, and social justice. Sustainable development has been praised by both governmental and non-governmental organizations as the most effective way of ensuring development (Burnside & Fanizza, 2004). However, developing regions of the word lack the finances to implement projects that would…..

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