The European Community's Power In The Financing For Development Initiatives
Source: Hitotsubashi University
In order to examine the nature of the power that the EC wields, this paper focuses specifically on its productive power. This paper examines whether and, if so, to what extent, the EC contributed to the financing for development by identifying the problems, formulating solutions, and persuading others to accept these solutions. The process through which the financing for development initiatives decides upon relevant issues and how the EC engages with these issues makes it clear that the EC should not be regarded as a genuine productive power because it was not the sole trigger that prompted the definition of problems or the formulation of solutions.