The US ranks near the bottom of an index which ranks 27 of the world's richest countries on their dedication to policies that benefit people living in the poorer nations. The poor performance by the US in the Commitment to Development Index (CDI) was driven by low scores on foreign aid, finance, and environmental policies, according to the annual report released on Tuesday by Washington-based Center for Global Development (CGD).
The CDI, published annually by the CGD, ranks 27 of the world's richest countries on their dedication to policies that benefit people living in poorer nations. Sweden tops this year's CDI, followed by Denmark. Germany climbs to the podium and shares third place with Finland, said the annual report released by the CGD. The US remained in the 23rd spot out of 27 rich countries in the survey, the report said.
The US scored well on security and trade, although new tariffs could drag down the US's ranking in the future. European countries, meanwhile, took the top 12 spots in this year's ranking. "It's clear that European countries are taking the lead on global development, while the US takes a big step back," said Anita Kappeli, a researcher at the Center for Global Development and an author of the study.
It's clear that European countries are taking the lead on global development, while the US takes a big step back.
According to the report, while the US is the largest aid donor in absolute value, in 2017 it provided just 0.18 percent of its GNI - gross national income -- for development assistance, far below the international commitment of 0.7 percent GNI and below average for the CDI countries. It also performs poorly on technology. (Source: economictimes.indiantimes.com)