Foreign aid
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Foreign aid is the international transfer of capital, goods, or services from a country or international organization for the benefit of the recipient country or its population. Aid can be economic, military, or emergency humanitarian (e.g., aid given following natural disasters).[1]
See also: Charity
Statistics
In fiscal year 2010, the U.S. government allocated the following amounts for aid:
- economic assistance: $37.7 billion
- military assistance: $15.0 billion
- total economic and military assistance: $52.7 billion[2]
For comparison, an estimated $15.77 billion was given by private charities and individuals in 2010.[3]
References
- ↑ Encyclopædia Britannica Online. "foreign aid 2012.". Referenced 2012-03-29.
- ↑ U.S. Overseas Loans and Grants (Greenbook), "Program and Account Reports". See also the http://gbk.eads.usaidallnet.gov/about/program_summary.pdf summary. Accessed January 31, 2012.
External links
- Foreign aid at Wikipedia
- Foreign Aid by Deepak Lal at The Concise Encyclopedia of Economics
- "Substitute for Foreign Aid" by Friedrich A. Hayek, April 1953
- The Foreign Aid Debacle by Laurence M. Vance, December 2000
- The Futility of Foreign Aid by Jude Blanchette, July 2003
- "Corruption and Foreign Aid" by Mark Thornton, November 2002
- A High Quality of Mercy by Carol Adelman, January 2005
- "A Foreign Aid Disaster in the Making" by Thomas J. DiLorenzo, January 2005
- The History of Foreign Aid Programs (audio) by Thomas E. Woods, Jr., February 2007
- "Not Tax-Funded Aid to Myanmar" by Laurence M. Vance, May 2008
- Ernesto Sirolli: Want to help someone? Shut up and listen! (video) with Ernesto Sirolli
