Finance

Increases in foreign aid spending—including both military and economic assistance—are not merely a phenomenon of the past eight years. Foreign aid spending increased under the administrations of both Presidents George W. Bush and Barack Obama, largely due to increases in funding to Afgha...

It only takes a quick look at the numbers to see that if your chief goal is to bolster defense spending—as President Trump has suggested his is—even deep cuts to foreign aid programs will be of little help. Together, the cuts proposed to the State Department and USAID amount to less than...

Put funding for the 150 account in context, and you better understand the broader trend and two crucial points: (1) the 150 Account is a tiny slice of the federal budget, so proposed cuts will contribute little toward shoring up much larger accounts like national defense; and (2) increases in foreig...

In the current political and economic climate, donor governments are under pressure to reduce and spend foreign aid budgets as efficiently and effectively as possible. Aid remains a critical driver of progress. Yet at the same time, aid is increasingly NOT how the world pays for development; even th...