The Center for Global Prosperity (CGP) at the Hudson Institute has recently presented the 2016 Index of Global Philanthropy and Remittances. The Index reframes the discussion about the roles of public and private sectors in foreign aid by showing that the full scale of a country’s generosity is measured not just by government aid, but by private giving as well. The research is a major step in identifying the public policy actions to improve the enabling environment for philanthropy. As in the previous editions of the Index, private financial flows—including philanthropy, remittances, and private capital investment—continue to grow and surpass government aid. In addition to the magnitude of the developed and emerging economies’ total economic engagement with the developing world, the 2016 Index highlights the new partnerships and infrastructure that support philanthropic giving around the world. Read the full report here.
Source: Hudson Institute