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The Index of Global Philanthropy and Remittances 2012

Posted By Administration, Friday, August 21, 2015
Updated: Tuesday, June 16, 2015

This year’s Index of Global Philanthropy and Remit- tances chronicles the continued growth of private financial flows to the developing world and how new forms of giving are poised to change the face of international philanthropy and global foreign aid as we know it today. Among the highlights of the Center for Global Prosperity’s 7th annual Index are:

-Global philanthropy, remittances, and private capital investment totaled $575 billion in 2010 (latest available data), accounting for 82% of the developed world’s eco- nomic dealings with developing countries. While gov- ernment aid grew to one of its highest levels at $128 billion, it accounted for only 18% of total financial flows and continues to be a minority shareholder in the inter- national development landscape.

-Private capital investment flows from all donors, on the heels of the economic recession, regained their posi- tion of prominence at $329 billion, a substantial increase from $228 billion in 2009.

-Total remittances from all Development Assistance Committee (DAC )donors to the developing world were $190 billion, a 9% increase from $174 billion in 2009, once again showing how this steady and stable financial flow is a lifeline to the poor in tough economic times.

-Total philanthropy, while underestimated because many DAC donor countries are still not properly meas- uring it, was $56 billion in 2010, a gain of $3 billion from the previous year. 

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Tags:  access to finance  Entrepreneurship  Global  impact investing  Sector publication  Social Entrepreneurship 

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