That in turn would cause tax revenues for their governments to continue to shrink, such that reducing public-sector deficits would become a never-ending labour of cutting expenditure and raising taxes.
This week, the United Nations Foundation will join governments, the private sector and civil society organizations for a summit in Washington focused on ending preventable child deaths.
They want a standard set of duties and powers to be set out for the public sector - with the money following those who demonstrate a capacity for integration and ending duplication.
Earlier this month, Applied Materials warned that revenues for its fiscal fourth quarter ending in October will be down 25%-40% sequentially, with particularly weak demand from the chip foundry sector.