Quantity
Most official development assistance (ODA) came from the 23 members of the Development Assistance Committee (DAC), or about $120 billion in 2009. In 2007 a further $11.8 billion came from the European Commission while all non-DAC countries gave $5.56 billion.
The largest DAC donors in 2009 were the European Union $80,655 billion out of world $120 billion, United States (USD 28.8 billion), France ($12.6 billion), Germany ($12.1 billion), United Kingdom ($11.5 billion) and Japan ($9.5 billion). The largest non-DAC donors in 2007 were Saudi Arabia ($2 billion) and Turkey ($0.6 billion). However, none of these countries met the UN target of giving at least 0.7 percent of the Gross National Income (GNI) as aid. United States (0.21% of GNI) and Japan (0.18% of GNI) were ranked 19 and 21 respectively out of the 23 DAC countries. The only countries meeting the targets in 2009 were Sweden (1.12% of GNI), Norway (1.06% of GNI), Luxembourg (1.04% of GNI), Denmark (0.88% of GNI), and the Netherlands (0.82% of GNI).
Read more about this topic: Development Aid
Famous quotes containing the word quantity:
“Among the virtues and vices that make up the British character, we have one vice, at least, that Americans ought to view with sympathy. For they appear to be the only people who share it with us. I mean our worship of the antique. I do not refer to beauty or even historical association. I refer to age, to a quantity of years.”
—William Golding (b. 1911)
“A bureaucracy is sure to think that its duty is to augment official power, official business, or official members, rather than to leave free the energies of mankind; it overdoes the quantity of government, as well as impairs its quality. The truth is, that a skilled bureaucracy ... is, though it boasts of an appearance of science, quite inconsistent with the true principles of the art of business.”
—Walter Bagehot (1826–1877)
“... nothing is more human than substituting the quantity of words and actions for their character. But using imprecise words is very similar to using lots of words, for the more imprecise a word is, the greater the area it covers.”
—Robert Musil (1880–1942)