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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: KLP who wrote (115486)	9/22/2003 4:27:09 PM
From: epicure	Respond to of 281500

It would also be more meaningful if the private aid was given as a fraction of GNP or GDP- that gives you an idea of how really and relatively generous Americans truly are.

To: KLP who wrote (115486)	11/16/2003 5:18:31 AM
From: Elsewhere	Respond to of 281500

Role of private funds for development aid Here's an article in the current Foreign Affairs issue which I found interesting: The Privatization of Foreign Aid: Reassessing National Largesse By Carol C. Adelman From Foreign Affairs, November/December 2003 Current measures of a nation's largesse only count funds doled out by the government, thus ignoring the primary way in which Americans help others abroad: through the private sector. In the last decade, U.S. government aid has been far outstripped by private donations -- from foundations, private voluntary organizations (PVOS), corporations, universities, religious groups, and individuals giving directly to needy family members abroad. There is no comprehensive measure of how much Americans donate overseas, but a conservative estimate, based on surveys and voluntary reporting, puts annual private giving around $35 billion. Even this low-ball figure is more than three and a half times the amount of official development assistance (ODA) given out in a year by the U.S. government. In the third wave of foreign aid, it is private money that is making the difference. ... Full article at foreignaffairs.org