Role of Private Actors in Development 2009 RUBIN SYMPOSIUM: The Privatization of Development Assistance December 4-5, 2009 NYU School of Law Heidi Metcalf Little Deputy Director and Senior Fellow Center for Global Prosperity Hudson Institute Washington DC

Laying the Foundation

Total Official and Total Private Flows – Philanthropy, Remittances, Investment – from OECD Donor Countries to Developing Countries, (billions of $)

Official, Private Investment, Philanthropic and Remittance Flows from OECD Donor Countries to Developing Countries, (Billions of $)

Remittances Received by All Countries and by Developing Countries, (Billions of $)

Remittances from OECD Donor Countries to Developing Countries, 2007 (Billions of $)

Remittances from the United States to Developing Countries by Region, 2007 (Billions of $)

Total U.S. Economic Engagement with Developing Countries, 2007

Incomplete Private Giving Numbers Submitted to OECD and More Complete Numbers from CGP, 2007 (Billions of $)

Net ODA as Percentage of GNI, 2007 Total Assistance from OECD Donor Countries to Developing Countries: ODA Philanthropy and Remittances as Percentage of GNI, 2007

Private Development Assistance Definition as compared to ODA: Cross-boarder transfers of cash, grants, loans, in- kind contributions or volunteer time to individuals, NGOs, and/or governments ultimately residing in Part 1 of the DAC list of Aid Recipients (developing countries) which are: (a) undertaken by private actors including individuals, foundations, corporations, private voluntary organizations, universities and colleges or religious organizations; (b) with promotion of economic development and humanitarian need as the objective; and (c) at concessional financial terms where commodities and loans are concerned.

Opportunities and Challenges  Growth  Sustainability  Impact