Global Health Funding Crisis Hits UN Work

Almost as soon as the global financial crisis struck in 2008, policymakers began raising concerns that recession could start to undo the gains in poverty reduction of the last decade. The World Bank warned that some 100 million people could fall below the poverty line as a result of the crisis. By 2009, the United Nations Educational, Scientific and Cultural Organization (UNESCO) worried that extreme poverty, malnutrition and poor health could set back the development of millions of children. Meanwhile, advocates worldwide knew that international aid budgets would likely be among the first items cut when governments implemented austerity measures.

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