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The idea that a global strategy for an attack on world poverty is both feasible and desirable has gathered considerable support in the postwar years. In a famous address to the United Nations (UN) General Assembly, President John F. Kennedy had proposed that the 1960s should be designated as a development decade in which both developing and developed countries would undertake to adopt concerted convergent measures for promoting sustained growth in the Third World. Since then, at the beginning of each decade, the UN has issued a document outlining the broad elements of an international development strategy for the decade…