Britain’s coalition government will soon announce the results of its Comprehensive Spending Review, which is short-hand for a massive swathe of cuts in public spending. Though the axe will be swung with vigour, it is believed that David Cameron’s government will stick to an election pledge not only to protect the international aid budget but to continue ratcheting […]
For Britain’s politicians there seems to be a consensus, at least for now, that spending 0.7% of national income on government aid programmes would be the nation’s fair share of the global effort to eradicate poverty in the developing world. Indeed, aid charities and lobby groups have consistently pushed for all rich countries to hit the 0.7% target since it was endorsed by the […]
“We may now be able to reconsider the basics of philanthropy,” argues William A. Schambra of the Hudson Institute, musing on the impact of the financial crisis in the Chronicle of Philanthropy “to remind ourselves that, after all is said and done, what foundations do best and most reliably is simply to make grants to worthwhile […]