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Unlike most universities, it does not take students, nor does it award degrees. Rather it runs a number of research centres around the world, where research fellows or Ph.D. students from other universities can come to do research. It especially targets researchers and students from developing countries. UNU is headed by a Rector , and headquartered in Tokyo , Japan . It does not receive any funding from the regular UN budget; it relies instead upon voluntary contributions from member states and the return on its investments, which are currently valued at US$350 million. The budget of UNU is approximately US$37 million per annum. UNU relocated its Institute of Advanced Studies to the Minato Mirai 21 development in Yokohama , Japan in March, 2004. As of January 2006 UNU-INTECH and the Maastricht Economic Research Institute Of Innovation And Technology ( MERIT ) from the Maastricht University fused into UNU-MERIT with MERIT director Luc Soete as its new director. UNU-WIDER , the World Institute For Development Economics Research is the first UNU research and training centre, located in Helsinki , Finland , established in 1984 . STRUCTURE AND CAMPUSES
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