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what's the meaning of "average OECD effort" here?

 
 
Reply Sat 19 Mar, 2011 01:36 am
3,155.3 million dollars official development assistance in 2007/08(0.30% of the GNI in 2006; average OECD effort: 0.45%, UN target: 0.7%).
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Oylok
 
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Reply Sat 19 Mar, 2011 07:52 am
@kkfengdao,
GNI is "gross national income". It is equal to the total value of what a country produces, plus the net income from overseas investments.

The OECD is an organisation consisting of a few dozen wealthy countries and describes itself as a group of countries who are pursuing "democracy and free markets".

So "average OECD effort" means that the average country from the OECD gives 0.45% of its gross national income to help other countries develop.
(Australia gives 0.3%. The United Nations asks us all to give 0.7%.)
kkfengdao
 
  1  
Reply Sat 19 Mar, 2011 09:04 pm
@Oylok,
Thanks!
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