Global IssuesAnnouncement of new and updated content on the globalissues.org web site. GlobalIssues.org is a web site attempting to look at various global issues to show they are inter-related.Updated figures show slight fall in foreign overseas development assistance aid- April 28, 2008 2007s overseas development assistance (ODA) aid volume was lower than 2006s, but this was predicted because the previous year included massive items such as debt relief for Iraq and Nigeria. Nonetheless, despite the lower volume, it was still one of the highest amounts ever. Unfortunately, the updated figures from the OECD show that aid is still far less than what countries have promised. Despite the small increase in non-debt relief aid, donor countries are not on track to meet their recently..http://www.globalissues.org/TradeRelated/Debt/USAid.asp The global foreign aid shortfall is now $3.3 trillion- April 28, 2008 Since 1970, when rich countries agreed to give 0.7% of gross national income in aid to poorer countries to assist their development, hardly any have ever done so. The last three years are regarded as some of the highest levels of aid since, but only amount to approximately 0.3% of GNI. Calculating the accumulated shortfall since 1970 reveals a huge aid shortfall of $3.3 trillion, while $2.4 trillion has been given. Even though it is a large amount, most of it does not go to the poorest...http://www.globalissues.org/TradeRelated/Development/aid/shortfall/ |