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Palmason Axel

For five days in March, Monterrey, Mexico, was the epicenter of the debate over how best to finance the fight against poverty. At the close of the UN International Conference on Financing for Development, world leaders adopted the “Monterrey Consensus”—a plan to mobilize resources—amid pledges of higher foreign aid, better use of aid, freer trade, enhanced debt relief, and an increased emphasis on capacity building.