Wednesday, July 20, 2011

Year 10: Australian Aid

Question 1
  • The author is trying to present to us that in the past five years Australia's overseas aid budget has doubled.
  • By 2015, Australia will be spending $8 billion a year on helping people overseas.
  • Kevin Rudd has announced a review of Australia's overseas aid program by an impressive panel of experts.
  • spending money in ways that makes no difference doesn't help anyone.
  • The vast bulk of our aid is supposed to help overcome long-term poverty.
  • First, poverty, is being overcome. In 1981, 54 per cent of the world's people lived in extreme poverty.
  • Second, its not being beaten by aid, but by economic growth.
  • we used to call "the developing world" has in the past few years overtaken "the developed world" in economic output. In china, economic growth has lifted half a billion people out of poverty since 1990.


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