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How much is the US spending on alleviating youth unemployment in trouble spots?
"What drives a country to donate aid to another country? Is it altruism? The expectation of something in return? Both of these? Something else? In “Donor motives for foreign aid” (Federal Reserve Bank of St. Louis Review, July/August 2013), Subhayu Bandyopadhyay and E. Katarina Vermann present a historical review of U.S. and other countries’ foreign aid, together with theories and with empirical facts that mostly support the theories. Overall, the authors find that motives of donating nations have varied over the decades, but two stand out: humanitarianism and strategic interests. Both have existed in different and changing proportions since about World War I, and both still exist today, but the watershed events of September 11, 2001, have focused nations’ efforts on the latter.The authors begin with an account of which of the world’s regions have received foreign aid from 1960 to 2011. Throughout the entire period, sub-Saharan Africa has consistently received the most aid, and that aid has increased from $6 billion in 1960 to $46 billion in 2011 (in constant 2011 dollars). Also, there was a spike in aid to Middle Eastern nations in 2005—a phenomenon associated with the Iraq war—as well as a decided upward trend in aid to countries in south and central Asia, likely because of the “growing involvement of the member nations of the Organisation for Economic Co-operation and Development. . . in addressing security concerns originating from the Indian subcontinent and surrounding areas.”
Next, the focus shifts to which nations have received U.S. foreign aid over the same period. In the 1960s, India received a disproportionate share of U.S. aid, because it was one of the poorest countries at the time. Then, in the 1970s, Israel and Egypt got the lion’s share of U.S. foreign aid, largely because they were partners of the United States in attempting to broker a peace deal in one of the most turbulent regions of the world. Later on, in the early and middle years of the first decade of the 21st century, Iraq was the recipient of large amounts of foreign aid as the United States prosecuted the war."
Foreign aid: history, theories, and facts : Monthly Labor Review: U.S. Bureau of Labor Statistics
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"What drives a country to donate aid to another country? Is it altruism? The expectation of something in return? Both of these? Something else? In “Donor motives for foreign aid” (Federal Reserve Bank of St. Louis Review, July/August 2013), Subhayu Bandyopadhyay and E. Katarina Vermann present a historical review of U.S. and other countries’ foreign aid, together with theories and with empirical facts that mostly support the theories. Overall, the authors find that motives of donating nations have varied over the decades, but two stand out: humanitarianism and strategic interests. Both have existed in different and changing proportions since about World War I, and both still exist today, but the watershed events of September 11, 2001, have focused nations’ efforts on the latter.The authors begin with an account of which of the world’s regions have received foreign aid from 1960 to 2011. Throughout the entire period, sub-Saharan Africa has consistently received the most aid, and that aid has increased from $6 billion in 1960 to $46 billion in 2011 (in constant 2011 dollars). Also, there was a spike in aid to Middle Eastern nations in 2005—a phenomenon associated with the Iraq war—as well as a decided upward trend in aid to countries in south and central Asia, likely because of the “growing involvement of the member nations of the Organisation for Economic Co-operation and Development. . . in addressing security concerns originating from the Indian subcontinent and surrounding areas.”
Next, the focus shifts to which nations have received U.S. foreign aid over the same period. In the 1960s, India received a disproportionate share of U.S. aid, because it was one of the poorest countries at the time. Then, in the 1970s, Israel and Egypt got the lion’s share of U.S. foreign aid, largely because they were partners of the United States in attempting to broker a peace deal in one of the most turbulent regions of the world. Later on, in the early and middle years of the first decade of the 21st century, Iraq was the recipient of large amounts of foreign aid as the United States prosecuted the war."
Foreign aid: history, theories, and facts : Monthly Labor Review: U.S. Bureau of Labor Statistics
//
