SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (72334)9/21/2004 2:47:07 PM
From: Ilaine  Respond to of 793885
 
>>The US spends about 0.1% of its GDP for foreign aid

This data can be sliced and diced a number of ways. I think the amount ($11 billion) your source is referring to is what comes directly through USAID, not the only organization to administer economic aid.
usaid.gov

For 2002, total US economic and military aid was more like $21 billion, of which slightly more than $15 billion was economic, and slightly less than $6 billion was military. See summary on page 1.
dec.org

Not to mention the vast sums donated by private American citizens, both indirectly via churches and other NGOs and directly, estimated at approximately $35 billion per year.
globalissues.org

$50 billion per year in humanitarian foreign aid isn't chicken feed. It's also more than 0.1% of GDP, which is in the range of $11 trillion.