owenblacker + geo:africa + geo:southamerica   1

Development aid is best spent in poor, well-governed countries. There aren't many of those.
Official development aid, which includes grants, loans, technical advice and debt forgiveness, is worth about $130 billion a year. The channels originating in Berlin, London, Paris, Tokyo and Washington are deep and fast-flowing; others are rivulets, though the Nordic countries are generous for their size. More than two-fifths flows through multilateral outfits such as the World Bank, the UN and the Global Fund. Last year 9% was spent on refugees in donor countries, reflecting the surge of migrants to Europe.

As the aid river twists and braids, it inundates some places and not others. India contains some 275m people living on less than $1.90 a day. It got $4.8 billion in “country programmable aid” (the most routine kind) in 2014, which is $17 per poor person. Vietnam also got $4.8 billion; but, because it is much smaller and rather better off, that works out to $1,658 per poor person (see map on previous page). By this measure South-East Asia and South America fare especially well.
development  geo:GlobalSouth  geo:Africa  geo:SouthEastAsia  geo:SouthAmerica  from:TheEconomist 
june 2016 by owenblacker

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