Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Helping the World’s Poor is Not Just About GDP


Helping the World’s Poor is Not Just About GDP Percentages

“We need to move away from seeing aid as purely a government to government exercise,” says Dr Jane Silloway Smith, Researcher at Maxim institute.

The 2010 Index of Global Philanthropy and Remittances, released by the Hudson Institute in Washington DC, has shown that aid from developed country governments makes up just one tiny proportion of the money going to the poorest people in the world.

According to Smith, “this should make us pause and reconsider our mindset about aid. Rallying around Government and pushing for an increase in Government spending on aid side-steps the really important questions and focuses us in the wrong direction. We already have very beneficial financial flows occurring which are not part of any official aid progamme. We need to see all of these as part of the parcel that can contribute to improving the lives of the poorest people.

The Index shows that in 2008, 75 percent of the economic activity between developed and developing countries came through the private sector in the form of philanthropy, private capital investments and remittances (where a migrant sends money back to their home country). Despite expectations that philanthropy would drop significantly due to recession, it remained strong globally.

Smith sees this as an encouraging sign. “Aid needs to be flexible and responsive to the needs of people on the ground. Private aid can often do this better than government aid as it is more likely to work in partnership with aid recipients, and it is often specialised according to expertise of donors and needs of recipients. Other private financial flows can be equally aluable as they targeted directly to communities and individuals who can put them to good developmental use. Smith continues, œThe best chance we have of seeing very significant change occurring is to let financial flows open up in a range of forms and to encourage all this activity.

“If we focus only on government to government aid we run the risk of seeing the money we invested going to waste, or creating dependency that cannot be maintained. Meanwhile, we miss the chance to make the most of other opportunities available that could see the living standards of the world’s poorest raised,” says Smith.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On Bank Scandals (And Air Crashes)

Last month, the Australian Securities and Investment Commission (ASIC) filed proceedings against Westpac over activities that have some distinct echoes of the Libor scandal. More>>

Budget: Health Funding Must Keep Up With Need

NZNO: “The nursing team has been doing more with less for years. It’s getting to the point that we’re really worried about our colleagues, our patients, our jobs and the level of health care available for people in our country." More>>

ALSO:

Emissions Inventory: Time For The Government To Do The Right Thing

It’s time for the National Government to step up and do the right thing to reduce climate pollution as data shows New Zealand’s greenhouse gas emissions are higher than ever, the Green Party said today. More>>

ALSO:

Budget 2016: More Partnership Schools To Open

Seven new schools will join the eight Partnership Schools already open, along with further new schools opening in 2017. “The growth of this policy is a reflection of the high level of interest from educators and community leaders,” Mr Seymour says. More>>

ALSO:

No Correspondence With English: Did Brownlee Make Up Sale Of Navy Ships ‘On The Hoof?’

Having revealed that several Royal New Zealand Navy vessels have not left port in years, New Zealand First is now asking the Minister of Defence to prove he did not come up with the idea of selling HMNZS Taupo and Pukaki until the media asked him. More>>

Housing Plans: Labour- Abolish Auckland Urban Boundary
The Government should rule out any possibility of an urban growth boundary in Auckland Council’s Unitary Plan if it is serious about fixing the housing crisis. More>>
Greens - State House Solution
The Homes Not Cars policy allows Housing New Zealand to retain its dividend and, in addition, would refund its tax, to spend on the emergency building of around 450 new state houses. More>>

ALSO:

Houses And Taxes: Post-Cabinet, Pre-Budget Press Conference

The Prime Minister said that the pre-budget announcements showed that his Government is “investing in a growing economy”. He re-affirmed the National Government’s commitment to lowering personal tax rates but that any such change must fit with the fiscal reality of the time. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news