Saturday, November 03, 2001

Rich Nations Have Been Too Insensitive to Poverty
Rich nations are shamefully stingy about aiding the poor, but none more so than the United States. In 1999, the World Bank reported that the United States gave 0.1 percent of its economic output for development, or $9.1 billion, the lowest proportion among the 30 or so wealthiest nations. Japan gave more than $15 billion — still skimpy, but 0.35 percent of its output. Moreover, America stipulates that about two-thirds of the $9 billion must be spent on American products.
http://www.nytimes.com/2001/11/01/business/01SCEN.html

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