In recent years, the United States has launched the largest international development effort since the Marshall Plan. Since 2001, the U.S. has doubled its assistance to Latin America, quadrupled it for Africa and nearly tripled it worldwide. The U.S. is the world’s largest donor of bilateral and multilateral foreign aid. In 2006, the U.S. gave $23.5 billion in official development assistance. This represents less than 1% of its GDP.
Does the U.S. spend too much or too little on foreign aid?