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Despite ongoing efforts to catalyze global development cooperation, there have been significant obstacles to progress in recent years.At the turn of the century, international negotiations on economic development had also come to a grinding halt.World leaders agreed to begin the Doha Development Round to ensure that trade negotiations would serve developing countries' development aspirations.This year's major global meetings – the Conference on Financing for Development in July, the meeting at the United Nations to adopt Sustainable Development Goals in September, and the U.N. Climate Change Conference in Paris in December – should be sufficient.The Marshall Plan's impact was felt far beyond Europe's borders, developing over the following decade into what is probably the most successful economic-development assistance project in human history.Third, Marshall emphasized that aid should be comprehensive and strategic, in order to foster real progress and development.It is time to increase poor economies' productive capacity and purchasing power, as occurred in Europe in the decade after Marshall's speech.
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