by David Shaman,
author of The World Bank Unveiled: Inside the Revolutionary Struggle for Transparency
The world has come to a line in the sand. Over one and a half billion people live in abject poverty today. Millions die each year of malnutrition or from treatable disease. This condition has existed for decades and yet help from the rich nations of the world has been inadequate, inefficient and achingly slow.
In the post-9/11 period (from 2001 to 2008), the world's largest donors said they would increase development assistance. In 2002, in Monterrey, Mexico, the richest countries pledged to raise aid levels to 0.7% of their gross national income. In 2005, in Gleneagles, Scotland, they again promised to send $150 billion in aid to Africa.
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