3 posts tagged with development by vidur.
Displaying 1 through 3 of 3.
The Caravan magazine takes a long, hard look at the Formula 1 inaugural enterprise in India.
"Using pejorative terms like "handouts" and "doling out", some parts of the media are mounting a campaign to suggest Britain should be embarrassed by our level of aid giving. But the idea that aid is generous is absurd. Some families, inspired by religious tradition, think it is appropriate to give 10% of what they have to charity, £10 in every £100 of earnings. In 2010, the UK gave not £10, not £1, but 56p ($0.91) in overseas aid for every £100 ($163) we earned as a country. On average, since 1990 we have given even less, 35p ($0.57)." [Giving aid to poor countries is hardly a great act of generosity] [more inside]