Tuesday, June 14, 2005

Foreign Aid

The Toronto Star recently reported that a poll showed that Americans think that about 22 % of their GDP is used for foreign aid.
Correct answer? 0.16%

I fear that Canadians might have a similar response. In case you are curious, we give about 0.3% of our GDP for aid. We have plans to make it 0.45% by 2015 but do not plan to try to get it to 0.7% like many in the international community.

On the brighter side, there are less impoverished African nations from which corporations routinely, and richly, harvest that have to pay back debt. I have to read more about it, but it does seem like quite a good thing. Maybe it is as if we will still let them be down, but at least we won't be kicking them (as hard?)


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