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Item The Index of Global Philanthropy and Remittances 2009(2009) Center for Global Prosperity, Hudson Institute, Dr. Carol Adelman; Norris, Jeremiah; Siegel, Judith; Miller, Patricia; Metcalf, Heidi; Baker, David; Spantchak, YulyaIn the ever-changing world of international development, the Center for Global Prosperity (CGP) has made its own changes, among them a new name for its premier publication. It has become the Index of Global Philanthropy and Remittances to highlight the critical role remittances play in alleviating poverty abroad. Total remittances from industrial countries to the developing world were $145 billion dollars in 2007—nearly one and one-half times larger than all governments’ Official Development Assistance at $103.5 billion and three times larger than private philanthropy at $49.1 billion.Item The Index of Global Philanthropy and Remittances 2010(2010) Center for Global Prosperity, Hudson Institute, Dr. Carol Adelman; Norris, Jeremiah; Spantchak, Yulya; Miller, Patricia; Little, HeidiPhilanthropy to the developing world remained steady in 2008 and remittances continued to grow—despite the global recession and dire forecasts—providing a much needed lifeline to poor people throughout the world. And they were more resilient to the downturn than private capital flows to developing countries, which fell dramatically in 2008. Despite this, private flows still accounted for three-quarters of the developed world’s economic dealings with developing countries in 2008, proving that this innovative, diverse new foreign aid architecture is here to stay in good times and in bad.Item The Index of Global Philanthropy and Remittances 2011(2011) Center for Global Prosperity, Hudson Institute, Dr. Carol Adelman; Norris, Jeremiah; Spantchak, Yulya; Marano, Kacie; Miller, PatriciaSeveral years into the financial slowdown that has reshaped the global economy, it is clear that private financial flows have proved their staying power in terms of international assistance. Overall, private financial flows to the developing world have The Index of Global Philanthropy and Remittances remained remarkably stable in the face of economic turmoil. Philanthropy and remittances continue to provide a lifeline to the poor around the world. U.S. Private philanthropic giving abroad rose slightly in 2009, despite the continued economic downturn, increasing by $200 million from 2008. Remittances declined only marginally, from $96.8 billion to $90.7 billion in 2009, as predicted, and are expected to climb in 2010. Private capital investment flows returned to positive territory in 2009 after taking a dramatic downturn in 2008 as a result of the financial crisis.Item The Index of Global Philanthropy and Remittances 2012(2012) Center for Global Prosperity, Hudson Institute, Dr. Carol Adelman; Norris, Jeremiah; Spantchak, Yulya; Marano, Kacie; Miller, PatriciaA new philosophy has taken hold in the world of international development and is succeeding in rewriting the rules of the game about how to achieve sustainable reductions in poverty. Key to this philosophy is robust financial flows of all types—The Index of Global Philanthropy and Remittances 2012 private capital, philanthropy and remittances—to the developing world. These flows have proven to be sustainable even in the face of global recession. In 2010, private capital investment, philanthropy and remittances from the Organisation for Economic Cooperation and Development’s 23 Development Assistance Committee (DAC) members to countries in the developing world amounted to $575 billion, up from $455 billion in 2009.