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Beyond fragmentation: Building self-reliance in a shifting aid landscape
The global development landscape is undergoing seismic shifts. Foreign aid, a critical lifeline for billions, is shrinking, after becoming fragmented at an alarming rate over the last two decades. At the same time, more than half of low-income countries are deep into or teetering on the brink of debt distress, with median public debt soaring from 20 percent of gross domestic product in 2010 to 60 percent today. […]