In Lean Times

History shows that after a financial crisis, a country's foreign aid often declines. After the Nordic crisis of 1991, Norway's aid fell 10 percent, Sweden's 17 percent, and Finland's 62 percent, from peak to trough.

SOURCE: David Roodman, research fellow, Center for Global Development | The Washington Post - Octber 22, 2008

This Story Fearing a Drought of Aid Article \| President Bush, who has made international aid a cornerstone of his foreign policy, warned yesterday against cutting U.S. assistance to impoverished nations in the midst of the financial turmoil sweeping Wall Street and Main Street, arguing that doing so would undermine America's economy, nationa... In Lean Times		TOOLBOX E-Mail This Save/Share + Digg Facebook Reddit Twitter myspace SOURCE: David Roodman, research fellow, Center for Global Development \| The Washington Post - Octber 22, 2008 ¬es=History shows that after a financial crisis, a country's foreign aid often declines. After the Nordic crisis of 1991, Norway's aid fell 10 percent, Sweden's 17 percent, and Finland's 62 percent, from peak to trough." onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('delicious')" onmouseout="resetbg2('delicious')" target="new">del.icio.us SOURCE: David Roodman, research fellow, Center for Global Development \| The Washington Post - Octber 22, 2008 \'),\'newstrust\'+(new Date()).getMilliseconds(),\'dependent=no,scrollbars=yes,resizable=yes,alwaysRaised=yes,status=yes,directories=yes,location=yes,menubar=yes,toolbar=yes,width=430,height=750,modal=no\'));ntw.focus();'" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('newstrust')" onmouseout="resetbg2('newstrust')">NewsTrust Stumble It! COMMENT 0 Comments Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this graphic
» This Story:Read +\|Watch +\| Comments