Monday, April 11, 2011

Development Assistance as % of GDP

The United States is no longer dead last in the percentage of GDP devoted to economic aid. Of course, the American public assumes that the nation is far more generous that it is in fact, another example of the myth of "American exceptionalism".

The growth of the U.S. aid budget is of course welcome, but I fear that the trend will be reversed in the current budget climate.

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