According to the International Monetary Fund (IMF),1152 developing countries with a population of around 6.74 billion represent 85.43 percent of the world’s population. A significant part of that region includes Central and South America, Africa, most Asian countries and many island states. This region needs help with institutional development for adopting framework processes for development. The regional culture reflects inadequate infrastructure, few resources for improvement, a poor governance system and poverty distributed within the economy.
But recently we’ve seen evidence of encouraging change. Community procurement is now available to local communities to enable them to cultivate what is now called the “Micro to Nation” Building Project, if it is consistently worked out.2 What happened? What is the status today?
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