Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-242-500"

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"en.20120612.15.2-242-500"2
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"I voted in favour of this report because it represents a new era in the EU’s development policy. Latin America has seen a good deal of political upheaval over the past decades. The fact that some countries in Latin America have risen to become major global economic powers has not worked to the benefit of all. Although absolute poverty has been reduced, inequality within countries has only increased. Furthermore, the success of the economic engines has eluded countries that have not managed to get on the road to economic growth. That is why it is time for the EU to re-assess the needs underlying its allocation of development aid. The EU’s development policy must mean looking at each country’s individual situation and a wider set of indicators than merely average income levels when measuring poverty, especially in middle income countries (MICs). In this process, the targets for sustainable development decided upon at the Rio+20 conference would become the focal point. Cooperation on technology and innovation with MICs is an interesting new area, and one that is still potentially far-reaching. The EU is Latin America’s largest donor of development aid, but changing times dictate that it needs to be readjusted and reallocated."@en1

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