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U.S. Private International Giving to Developing World Exceeds $62 Billion (Hudson Institute)
The Hudson Institute ^ | 29 June 2005 | Carol Adelman

Posted on 07/03/2005 8:57:59 AM PDT by Stultis

June 29, 2005

U.S. Private International Giving to Developing World Exceeds $62 Billion

Hudson study shows American generosity to poor nations over 3 1/2 times U.S. Government aid

by Carol Adelman

Hudson Institute released new private international giving numbers today in a white paper, "America's Total Economic Engagement with the Developing World," by Dr. Carol Adelman, Mr. Jeremiah Norris and Ms. Jeanne Weicher. Updating their research on American generosity, the authors found at least $62.1 billion in U.S. private donations to developing countries in 2003, the last year numbers are available. This philanthropy, from U.S. foundations, corporations, non-profits and volunteerism, universities and colleges, religious organizations and individuals is over three and one-half times U.S. Official Development Assistance (ODA) of $16.3 billion.

While the United States gives the greatest absolute amount of ODA to developing countries, it is routinely criticized for being "stingy" because U.S. Government aid ranks last among donor nations as a percent of Gross National Income (GNI). U.S. official aid is .15 percent of GNI compared to Norway, the highest ranked donor, at .92 percent.

What such criticism ignores, however, is that the measure, developed by the Paris-based Organization for Economic Development and Cooperation (OECD), fails to take into account the primary way in which Americans help others abroad: through the private sector. "ODA is an outdated and inaccurate way of measuring a country's generosity," says Dr. Adelman, Director of the Center for Science in Public Policy, at the Hudson Institute. "Americans prefer to give people to people assistance versus Europeans who give primarily government to government aid."

Nor does the OECD fully measure count U.S. military contributions to peacekeeping and security, U.S. private industry investments that generate the bulk of research and development for better food and medicines, or preferential trade agreements that support imports from developing countries. The measure also excludes the $1.5 billion in foreign aid that the U.S. provides to Israel, Central and Eastern Europe, and Russia since these countries exceed the OECD poverty criterion.

Most importantly, the number does not include $51 billion of U.S. private capital flows to developing countries, consisting of foreign direct investment and net capital markets. This private investment creates jobs and economic growth, the surest way to reducing poverty.

To read the paper, click here.

Carol Adelman is a senior fellow and director of Hudson Institute's Center for Science in Public Policy. She served as a career foreign service officer for ten years and as an assistant administration from 1988-1993 at the Agency for International Development (USAID).

Contact Carol Adelman

 



TOPICS: Business/Economy; Editorial; Foreign Affairs; News/Current Events; Philosophy
KEYWORDS: charity; development; economics; foreignaid; hudsoninstitute

1 posted on 07/03/2005 8:58:01 AM PDT by Stultis
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To: Stultis
See also:

US donations to Africa outstrip Europe by 15 to 1  ^
  Posted by bayourod
On News/Activism ^ 07/02/2005 11:41:10 PM CDT · 30 replies · 521+ views


Scotsman.com ^ | Frasier Nelson
PRIVATE American citizens donated almost 15 times more to the developing world than their European counterparts, research reveals this weekend ahead of the G8 summit. Private US donors also handed over far more aid than the federal government in Washington, revealing that America is much more generous to Africa and poor countries than is claimed by the Make Poverty History and Live 8 campaigns. Church collections, philanthropists and company-giving amounted to $22bn a year, according to a study by the Hudson Institute think-tank, easily more than the $16.3bn in overseas development sent by the US government. American churches, synagogues and...

2 posted on 07/03/2005 9:02:59 AM PDT by Stultis
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To: Stultis
Contrast with...

Bill Clinton: Americans Stingy with Foreign Aid ^
  Posted by wagglebee
On News/Activism ^ 07/02/2005 11:46:50 AM CDT · 116 replies · 1,248+ views


NewsMax ^ | 7/2/05 | Carl Limbacher
On the eve of the G-8 Summit, ex-president Bill Clinton is telling European audiences that the U.S. is stingy with its foreign aid dollars - and that Americans think they contribute more than they actually do. "In America, for example, we have always been hampered in getting adequate budgets for international assistance by the fact that the American people believe we give much more than we do," he told BBC Radio 4 on Thursday. "They think we give about 3 percent of GDP," the ex-president continued. "They think we give 10-15 percent of the budget. They think we ought to...

3 posted on 07/03/2005 9:04:05 AM PDT by Stultis
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To: Stultis

Isn't that happy. And I'm having trouble getting help, right here, right in this city for a woman who is going to have her electric, gas shut off and house foreclosed.

All the organizations I called are out of money. Others won't give you the time of day.


4 posted on 07/03/2005 9:47:32 AM PDT by OpusatFR (Try permaculture and get back to the Founders intent. Mr. Jefferson lives!)
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To: OpusatFR

That's terrible. Have you tried any churches?


5 posted on 07/03/2005 9:54:54 AM PDT by ncpatriot
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To: OpusatFR
Sorry to hear about your circumstances. Actually I believe that charities helping people in such cases have spent record amounts in the last year, but with energy prices up the money doesn't go as far.

Do you have children in the house? If so make sure your power company knows this. (Some states have laws prohibiting disconnects if there are children.)

6 posted on 07/03/2005 10:10:17 AM PDT by Stultis
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To: Stultis

Not me. I work for an advocacy group so keep your nickels! ( -;

Rather, send them to a local shelter. There are lots more out there that need help right at home.


7 posted on 07/03/2005 10:22:52 AM PDT by OpusatFR (Try permaculture and get back to the Founders intent. Mr. Jefferson lives!)
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To: OpusatFR
All the organizations I called are out of money. Others won't give you the time of day.

Of course, it's a con-game, most money these organizations 'give' go right into the pockets of third world dictators, while the rest of the money line the organization's own pockets.

Over the past 20 to 30 years, the billions given to 'help' Africa is equal to 6 'Marshal Plans' and most it is lines the pockets of dictators and the organizations who collect the money to 'give' to the needy.

8 posted on 07/03/2005 10:29:36 AM PDT by Paul C. Jesup
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To: OpusatFR
Misread, my bad. Thanks for your community service.

I don't have a nickel to spare, unfortunately. (Saving to replace a car on it's last legs.) But I do donate some time at a local soup kitchen, and wrangle some assistance at work.

9 posted on 07/03/2005 10:34:33 AM PDT by Stultis
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To: Stultis

great post. of possible interest:

An examination of the true role of government in charity, causes of poverty, and a detailed analysis of the American response to the Tsunami tragedy viewed through the lens of our founding and Constitution.
http://www.neoperspectives.com/tsunami_tyranny.htm


10 posted on 07/03/2005 1:15:01 PM PDT by traviskicks (http://www.neoperspectives.com/janicerogersbrown.htm)
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