Like political campaign contributions, today’s self-interested foreign aid often supports badly-designed development projects, imposes foreign investor-friendly policies on recipient countries, facilitates access to intended beneficiaries’ resources, helps aid-giving countries to look good on the world stage, all the while making unquestioning taxpayers in aid giving countries feel good about their supposed generosity.
The Tax Justice Network’s 2018 Financial Secrecy Index says Canada’s financial system is less transparent than that of notorious tax havens and countries often portrayed as corrupt by the mainstream media, such as China, Russia and Kenya. That makes Canada one of the key facilitators of illicit financial flaws, global financial crimes. and increasing global inequality.
For the Trudeau government’s ambitious feminist international assistance policy to succeed, Canada’s trade agreements should champion women’s leadership, human rights, and gender equality.
Some critics argue that the neo-liberal policies advanced by powerful non-governmental organizations, NGOs, limit states’ influence and sovereignty while benefiting NGOs. In Africa, NGOs also place Africans at the mercy of donors.
Since there is already an “enormous number of charities in the world,” most of which compete with other charities for our hard-earned donations, does it make any sense for celebrities to create their own charities?
As part of an effort to disappear potential conflicts of interest, U.S. President-elect Donald Trump recently announced he’d dissolve the Donald J Trump Foundation. Meanwhile, the 45th President of the United States says its unfair that his son Eric must now give up charity work.
UN peacekeepers were directly responsible for the 2010 cholera outbreak in in Haiti. Last week Sec-General Ban Ki-moon finally admitted “moral” responsibility, but offered only a “half apology” to Haitians.
“There is no economic justification for allowing the continuation of tax havens,” 300 economists told world leaders ahead of the Anti-Corruption Summit, hosted by UK Prime Minister David Cameron in London on Thursday.