Abstract

How to save the world: The case for a global flat tax
Schwenninger, Sherle B. | May 13, 1996 issue

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Americans like to think of themselves as a generous people. It was U.S. generosity, after all, that helped rebuild Europe and Japan and create the United Nations, the World Bank, the World Health Organization and other international agencies dedicated to social and economic welfare. Even today, the U.S. public thinks it spends many times more on foreign assistance than it actually does. The sad fact, of course, is that the U.S. devotes only about fifteen-hundredths of 1 percent of its gross domestic product to foreign economic aid, placing it last in foreign assistance, proportionally, among the wealthiest twenty-five countries of the Organization for Economic Cooperation and Development.

See Also:

INTERNATIONAL agencies; ASSOCIATIONS, institutions, etc.; PUBLIC welfare; ECONOMIC assistance; BANKS & banking, International; WORLD Bank Group; UNITED States
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