PSY 145 Lecture Notes - Lecture 8: Official Development Assistance, Social Protection, Psych

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Financial assistance in poorer nations: without additional financial assistance, many of the poorest nations, especially in. Africa, can not even begin to make full use of market opportunities. Both in the us and uk national economies, about 15 percent of gnp is recycled in medication, food stamps, unemployment insurance and social security payments. Social protection nets absorb approximately one-third of gnp in the nordic countries. Just a quarter of official development assistance is distributed to the ten countries that form three-fourths of the world"s utter poor. India, pakistan, and bangladesh have nearly half of the poor in the world but receive just one tenth of total assistance. More than 7 percent of global funding is spent on basic education, primary health care, family planning, clean drinking water, and food services as human priority. Global democratic governance organizations ostensibly with a global scope are still limited to power only in poor nations.

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