Vaccinations children development aid Farooq Naeem/AFP/Getty Images

The Truth About Development Aid

The Trump administration recently proposed deep cuts in US foreign aid investments. But, when it comes to addressing many of the world’s greatest inequities, aid matters as much as ever – and perhaps even more – for reasons that are not widely understood.

SEATTLE – US President Donald Trump’s recently released 2018 budget blueprint proposes deep cuts in US foreign aid, prompting a discussion on the role of such spending in improving the health and wellbeing of the world’s most vulnerable people. This discussion is important, because, when it comes to reducing many of the world’s greatest inequities, aid matters as much as ever – and perhaps even more – for reasons that are not widely understood.

In the last 25 years, foreign-aid programs have helped usher in an era of unprecedented progress in the developing world. Child mortality and extreme poverty have been halved. Innovative multilateral partnerships like the Global Fund and Gavi, the Vaccine Alliance – of which the United States is the largest funder – have saved millions of lives, as they have reduced the burden of infectious diseases such as malaria, HIV, and tuberculosis. The Bill & Melinda Gates Foundation has been proud to collaborate with these initiatives in reducing the costs of vaccinations and other interventions, thereby boosting their measurable impact on global health.

Experience shows that health and development programs pay enormous economic dividends. For every dollar invested in childhood immunizations, for example, developing countries realize $44 in economic benefits.

To continue reading, please log in or enter your email address.

To read this article from our archive, please log in or register now. After entering your email, you'll have access to two free articles from our archive every month. For unlimited access to Project Syndicate, subscribe now.

required

By proceeding, you agree to our Terms of Service and Privacy Policy, which describes the personal data we collect and how we use it.

Log in

http://prosyn.org/XWLksAW;

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.