The Index of Global Philanthropy and Remittances 2009

Abstract

In 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.