Role of Private Actors in Development
2009 RUBIN SYMPOSIUM:The Privatization of Development
AssistanceDecember 4-5, 2009NYU School of Law
Heidi Metcalf LittleDeputy Director and Senior Fellow
Center for Global ProsperityHudson InstituteWashington DC
Laying the Foundation
Total Official and Total Private Flows – Philanthropy, Remittances, Investment – from OECD Donor Countries to Developing Countries, 1991-2007 (billions of $)
Official, Private Investment, Philanthropic and Remittance Flows from OECD Donor Countries to Developing Countries, 1991-2007 (Billions of $)
Remittances Received by All Countries and by
Developing Countries, 2000-2007 (Billions of $)
Remittances from OECD Donor Countries to
Developing Countries, 2007 (Billions of $)
Remittances from the United States to Developing
Countries by Region, 2007 (Billions of $)
Total U.S. Economic Engagement with Developing Countries, 2007
Incomplete Private Giving Numbers Submitted to OECD and More Complete Numbers from CGP, 2007 (Billions of $)
Net ODA as Percentage of GNI,
2007
Total Assistance from OECD Donor Countries to Developing Countries: ODA Philanthropy and Remittances
as Percentage of GNI, 2007
Private Development Assistance
Definition as compared to ODA:
Cross-boarder transfers of cash, grants, loans, in-kind contributions or volunteer time to individuals, NGOs, and/or governments ultimately residing in Part 1 of the DAC list of Aid Recipients (developing countries) which are:
(a) undertaken by private actors including individuals, foundations, corporations, private voluntary organizations, universities and colleges or religious organizations;
(b) with promotion of economic development and humanitarian need as the objective; and
(c) at concessional financial terms where commodities and loans are concerned.
Opportunities and Challenges
Growth
Sustainability
Impact
