Friday, February 27, 2009

Food For Friday Thought

As reported by the Economist: Considered in a broader context, American aid makes an overwhelming contribution to international development. What sets the United States apart is its extremely high levels of private philanthropy, variously distributed by foundations, voluntary and religious organisations and universities.

The 2008 Index of Global Philanthropy found private aid to developing countries from the United States adding up to $34.8 billion. Next highest were the United Kingdom and Germany, which gave $1.61 billion and $1.35 billion respectively.

In 2006, the United States government gave $23.53 billion in overseas development assistance. In absolute terms, this is the highest figure, almost twice the $12.46 billion given by the UK, the next highest.

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