In 2011, the Busan Principles defined what makes good-quality, effective development cooperation worldwide. However, in the ten years since Busan ODA (Official Development Assistance), programmes have become more fragmented and less effective. The Team Europe approach – adopted...
Local economic development in EU external actions refers to the European Union's efforts to support sustainable economic growth and job creation in partner countries and regions outside the EU. This approach focuses on empowering local communities, businesses, and institutions to drive their own economic development.