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On April 25, the Philippine government launched Version 2.0 of its Foreign Aid Transparency Hub (FAiTH). FAiTH records all foreign aid and assistance, in pledges, cash, and non-cash donations, given to the Philippines in the aftermath of Typhoon Haiyan. The portal offers detailed information, by donor. Information can be accessed online or downloaded for further analysis. As of today, FAiTH indicates that the government has received $762 million in foreign assistance, of which $248 million is cash and $514 is in-kind assistance. The total amount of cash received by the government, including from domestic sources, is $336 million.
This is shaping up to be a big year for US trade policy. Most eyes are on potential deals with the Pacific Rim and Europe (and reeling from Senator Reid’s latest blow to their prospects). Those of us concerned with trade as a driver for development should also be watching Congress’ and the Obama Administration’s review of the African Growth and Opportunity Act (AGOA).
Many countries in Africa suffer high rates of under-employment or low rates of productive employment; many also anticipate large numbers of people entering the workforce in the near future. It is estimated that the working age population will rise to almost 800 million in 2030, up from the current number of 466 million. In our new paper , we ask the question— are African firms employing fewer people than firms located in other parts of the world? And if so, why?
January 12, 2014 marks the fourth anniversary of the massive quake in Haiti that left over 200,000 people dead and several million people homeless. The response from rich countries was overwhelming—over $9 billion was disbursed towards relief and reconstruction efforts ($3 billion from the United States, an estimated $3 billion in private contributions, and another $3 billion from foreign governments).