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In absolute terms, the United States is the largest donor among members of the Development Assistance Committee (DAC), spending around $35 billion annually on foreign aid. However, the US gives a smaller proportion of its GDP than most other DAC countries. If the US gave as large a fraction of its GDP as the United Kingdom does, its foreign aid spending would be close to $110 million.billion. Advocating for increased U.S. foreign aid spending is thus sometimes considered a potentially high-impact intervention. Besides pushing for increased spending, advocates can push for more cost-effective spending.[1]
In absolute terms, the United States is the largest donor among members of the Development Assistance Committee (DAC), spending around $35 billion annually on foreign aid. However, the US gives a smaller proportion of its GDP than most other DAC countries. If the US gave as large a fraction of its GDP as the United Kingdom does, its foreign aid spending would be close to $110 million. Advocating for increased U.S. foreign aid spending is thus sometimes considered a potentially high-impact intervention. Besides pushing for increased spending, advocates can push for more cost-effective spending.[1]
Open Philanthropy (2015) Advocacy for improved or increased U.S. foreign aid, Open Philanthropy, April 20.
foreign aid skepticism | global poverty
Open Philanthropy (2015) Advocacy for improved or increased U.S. foreign aid, Open Philanthropy, April 20.
Foreign aid is the transfer of capital, goods, or services from a country or international organization to the government or population of another country.
Kenny, Charles (2021) Allocating global aid to maximize utility, Center for Global Development, January 11.