Foreign Aid
From today’s Global Economic Governance lecture, Professor Kemal Dervis. The ability to engage your classroom for two straight hours is such a rare gift.
What percentage of America’s budget do you think goes towards Foreign Aid?
- Most Americans think it is 20%
- Most Americans think it should be 5-10%
- It is actually 1%
What is the fraction of rich country GDP that goes towards Foreign Aid?
- 0.43%