Patrick Love writing in OCED Insights:
Over the past fifty years or so, Africa has received about a trillion dollars in Official Development Assistance (ODA) from OECD Development Assistance Committee (DAC) donors. If you look at the excellent data sets we’ve produced on ODA over the years, you can work out what percentage or actual sum of that went to different purposes (education sector, health sector…) and who gave it and got it. If that’s too time consuming, here’s a simpler one I’ve prepared for you. Over the same period, Africa gave around a trillion dollars, mainly to developed countries, and almost 100% to the financial sector in the form of illicit financial flows (IFF)...[continue reading]
image via OCED Insights
