05 April 2008

Could do better

The developed world is still failing to live up to its promises of aid to poor and developing nations with world aid falling for the second year in a row according to the OECD. Before you Americans start crowing about how much you give you should probably be aware that the US comes bottom with contributions totalling on 0.16% of GDP* as compared with 0.95% of GDP for Norway. The UK contributed a fairly miserly 0.36% but claims to be on target to reach 0.7% by 2013.

To put things in perspective the US contributes only $73 on a per capita basis but manages to spend a whopping $1750+ per person on defence. Perhaps if the former were a bit bigger the latter could be a whole lot smaller!

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