Economic Development
Capacity building refers to the process of developing and strengthening the skills, abilities, and resources of individuals, organizations, and communities to enable them to effectively achieve their goals. This concept is essential for promoting sustainable development as it focuses on empowering local actors and fostering self-reliance. By enhancing capabilities, capacity building helps ensure that the benefits of foreign aid and technology transfer are not only short-term but contribute to long-term economic growth and stability.
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