G7 could do more for world’s poorest

Oct 29th, 2009 12:45 PM EST
By Pooja Gupta

Last Thursday, the Center for Global Development (CGD) released the 2009 Commitment to Development Index (CDI), their annual ranking of rich countries based on their policies to help the developing world. CGD has published the CDI since 2003 in an effort to move beyond looking at just aid and evaluate whether rich nations are living up to their policy commitments in all areas of development. The CDI ranks 22 rich nations for their policies and actions to support poor nations to achieve greater prosperity, good government and security. Namely, these nations are scored in seven major policy areas: quantity and quality of aid, trade, investment, migration, environment, security and technology.

Sweden topped the 2009 CDI rankings while none of the Group of 7 (G7) nations, the world’s most industrialized nations, were scored in the top 10. Among the G7, Canada scored the best, coming in at 11th, followed by France, Germany and the UK, all tied for 12th. The United States was ranked 17th, scoring highest in trade and lowest in overall aid. Collectively, the G7 did best in the investment and trade policy areas and worst in the aid and migration components. Rankings for Canada, US, Japan and Germany remained largely the same as in 2008, but the UK dropped from sixth to 12th, mostly due to falling scores on the aid and security components. France improved from 16th to 12th and Italy moved up from 20th to 18th. South Korea, only its second year included in the CDI, remained in last place.

According to the CDI, the G7 is not using their full potential to attack global poverty: “It is the United States, Germany, France, Japan and the other economies that have multiple linkages and potential in absolute terms to make a difference for poor countries,” said CGD president Nancy Birdsall, “their failure to use it to the fullest is a blow to the cause of truly shared global prosperity.”

TAGS: Policy News