This Institute for Health Metrics and Evaluation report explains the rise in development assistance for health globally and provides a comprehensive picture of the amount of health funding flowing to developing countries.
In 2009, we reported that global health financing was reaching new heights, but the news was tempered by the appraisals of economists who found ample reason in the worldwide economic crisis to be pessimistic about the prospect of sustained growth in health aid.
The effects of economic downturns on charitable giving by individuals and on development spending by governments are often not felt immediately. Despite a global recession that some economists have likened to the deep economic stagnation of the late 1920s, charitable giving only dropped by 3% in 2009, according to the Center on Philanthropy at Indiana University. More troubling, perhaps, is the news that GuideStar, the nonprofit charity research organization, surveyed charities and found that 40% of respondents had witnessed declining contributions in 2010. Still, other reports have shown signs of recovery. According to a survey conducted by The Chronicle of Philanthropy, fundraising figures for major non-governmental organizations in the US show much higher growth for the first quarter of 2010 compared to the first quarter of 2009. This may be related to the lag time associated with multiyear commitments made in stronger economic times.