View Foreign Aid As Long-Term Investment, Not Charity

Bloomberg Businessweek: Foreign Aid Isn’t Charity. It’s an Investment
Charles Kenny, senior fellow at the Center for Global Development

“…It’s time to view aid as an investment — like spending on roads and schools here in the U.S. — rather than an act of charity. In the long term, that will lead to more effective aid and possibly more assistance overall. … To make aid more effective, we should see it as an investment and focus on making sure we get what we want back from that investment. … It’s time to think of aid as one of a number of tools — alongside other financial flows, trade, the movement of people, and the creation and spread of new technologies — that promote sustainable development abroad to the benefit of all, here and overseas. And when we use aid as a tool to buy that development, it’s no use just demanding a receipt. We should demand results” (6/23).

The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.

KFF Headquarters: 185 Berry St., Suite 2000, San Francisco, CA 94107 | Phone 650-854-9400
Washington Offices and Barbara Jordan Conference Center: 1330 G Street, NW, Washington, DC 20005 | Phone 202-347-5270

www.kff.org | Email Alerts: kff.org/email | facebook.com/KFF | twitter.com/kff

The independent source for health policy research, polling, and news, KFF is a nonprofit organization based in San Francisco, California.