01-06-2005, 04:40 PM | #1 (permalink) | |
Junkie
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Australia donates $1Billion to Indonesia
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I'll be perfectly honest and say I was rather suprised at this announcement. I'm not a particular fan of Howard, but I'm delighted at this effort. It really should silence his critics; even those who object to his decision not to freeze or abolish debts. The only topic worth debating, I believe, is the bi-lateral basis of this scheme. Ideally I should have liked to see it as part of the greater global effort, but I can understand why Australia feels that it's more in their national interest to handle it as they are. The current donations now stand as follows: Code:
1) - Austrlaia - $1B (population of 20M) 2) - Germany - $890M (population of 82.3M) 3) - Japan - $654M (population of 127.2M) 4) - US - $458M (population of 290M) 5) - World Bank - $327.3M (population N/A) 6) - Norway - $238M (population of 4.5M) 7) - Britian - $125.6M (population of 60M) 8) - Italy - $124.3M (population of 58M) 9) - Sweden - $104.7M (population of 9M) 10) - Canada - $104.7M (population of 31M) Kudos to Norway for such a huge contribution compared to their size. Wow. It's notable that none of the (very) rich Islamic countries have come to the aid of their muslim brothers. This annoys me no end. Mr Mephisto Last edited by Mephisto2; 01-06-2005 at 05:00 PM.. |
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01-06-2005, 04:44 PM | #2 (permalink) | |
Junkie
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And an editorial commenting upon the donation.
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Mr Mephisto |
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01-06-2005, 04:48 PM | #3 (permalink) |
Submit to me, you know you want to
Location: Lilburn, Ga
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just out of curiosity...are those amounts in each countries own money?
for example is the 125.6 million from GB in pounds? or is the 1 billion from Aussie in Aussie dollars?
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01-06-2005, 05:17 PM | #5 (permalink) | |
Mine is an evil laugh
Location: Sydney, Australia
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Oz govt also making it easier for other funds to get there more easily. This is from an article about a charity cricket match being played on Monday:
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who hid my keyboard's PANIC button? |
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01-06-2005, 06:57 PM | #6 (permalink) |
Junk
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I think Canada's prime minister Martin will announce a huge bundle when he visits the region in a week or so. He is never one to miss a photo-op looking good. Canada has also fast tracked the adoption processes and waived fees making it easier to adopt parentless kids. Also sent a large tactical team that will be there for months and months.
Overall I'm quite impressed with individual countries (minus Arab oil countries) as well as individuals themselves. From the nobodies like me to Michael Shumacker (10 m) to Hollywood stars. I just hope that this continues not only for this tragedy but for all the others that have unfolded over decades rather than minutes.
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01-07-2005, 06:56 AM | #7 (permalink) |
Huggles, sir?
Location: Seattle
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Personally, it disgusts me that some people are treating the aid for this disaster as a competition. It's not a race.
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01-07-2005, 08:53 AM | #8 (permalink) | |||
Wehret Den Anfängen!
Location: Ontario, Canada
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Are you including private donations or not? You don't appear to be Second, 500 million in a loan isn't the same as a 500 million grant. One should look at the rates Indonesia offers for 10-40 year bonds, and you should be able to figure out what the 'real value' of that 500 million dollar interest-free loan is. (For example, a loan of 500 million dollars to austrialia, interest free, that is due back 100% in 10 years, is worth only 178 million dollars. Such a loan due back in 40 years is worth about 414 million dollars. Such a loan where half is due back in 25 years, half in (edit) another (end edit) 15, is worth about 373 million.) Hmm. Actually, given the credit-worthiness of Indonesia, a 500 million dollar interst-free 10-year loan is almost a 500 million dollar grant. . . Still, would be interesting to work out the solution. In USD, in non-corperate* donations: (from wikipedia) 1> Germany: > 992 > 0.49% of GNP 2> AUS: 913.8 1.6% of GNP 3> USA: 752 0.07% of GNP 4> EU: 615 5> Japan: > 500 > 0.115 of GNP 6> World Bank: 250 7> Norway: 245 1.11% of GNP 8> UK: 241 0.13% of GNP 9> India: > 183 > 0.3% of GNP (87% going internally) 10> Canada: 162.45 0.264% of GNP 11> Sweden: 140 0.465% of GNP 12> Netherlands: > 186 > 0.44% of GNP 13> Italy: > 125 > 0.085% of GNP 14> Total Corperate: > 121 15> Taiwan: 110 0.34% of GNP 16> Switzerland: 109.8 0.35% of GNP 17> Saudi Arabia: > 97.4 ? something like 0.03% of GNP 18> HK: 57.5 0.36% of GNP 19> France: > 57 > 0.03% of GNP 20> Finland: 33.7 > 0.2% of GNP The total pledged from all EU nations now stands at over 2.5 billion US dollars (!) * Corperate donations have some locality issues. Most listed on the Wiki are American. Per-capita, the top 10 nations are Norway, Australia, Denmark, Sweden, Switzerland, Germany, Qatar, Netherlands, Hong Kong and Canada. The drop off per-capita between the top two (Norway and Australia) and the rest is huge: 54$ and 46$ for Norway/Australia vs 16$ for Denmark. Quote:
The lives saved matter. If you consider the way the lives where saved to be tasteless, then go eat tasty cake -- cake is supposed to be tasty. Aid is supposed to save lives and end suffering, not cater to a sense of decorum. Quote:
You must realize, most of the middle eastern states are not all that rich, even with their oil revenue, compared to the first world. On a per-capita basis, the two richest middle east states are UAE and Qatar. They rival New Zealand -- and there are more Kiwi's than both of those nations put together. After them comes Isreal, Kuwait -- both of which are simularly postage-stamp sized. Saudi Arabia and Oman have per capita GDPs that rival Lithuania and Estonia and Hungary and Poland. Saudi Arabia has fewer people than Canada, and Oman is another postage-stamp sized nation. The middle east is poor, for all it's oil wealth. Edit: Some spelling mistakes, and one fix
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01-07-2005, 09:08 AM | #9 (permalink) | |
Insane
Location: work
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It also disturbs me that it seems like the aid situation is turning into a political pissing contest, but it will hopefully make a large difference on how the region returns to "normal".
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Semper Fi |
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01-07-2005, 09:16 AM | #10 (permalink) | |
Addict
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01-07-2005, 10:50 AM | #11 (permalink) | |
Loser
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And I know if I was some homeless Sri Lankan, I wouldn't pause for a second if someone was handing me food and shelter to think about who provided the money for it, or why. |
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01-07-2005, 11:14 AM | #12 (permalink) |
Psycho
Location: io-where?
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Maybe Australia is looking to expand it's empire after all these years.
But I totally agree with Manx and others on the race for funds. It's really no different than holding a Race for the Cure for cancer or a giving a grade school a prize for earning the most money in a school fund raiser. If the competition between countries fosters more money for relief then what is so bad?
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01-07-2005, 11:22 AM | #13 (permalink) |
Insane
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I was just wondering if anyone knows how all of these countries are coming up with their numbers. I know in some countries all aid money is funneled through the government. Where as in America, most people DON'T send their money to the government, they use groups like the Red Cross to get their money to people in need. I'd like to see the real numbers that would be calculated by looking at the money donated to those groups as well.
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01-07-2005, 12:04 PM | #14 (permalink) | |
Wehret Den Anfängen!
Location: Ontario, Canada
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Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest. |
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01-07-2005, 10:13 PM | #15 (permalink) | |
Junkie
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For what it's worth, the press in many of these arab countries have been complaining about the donations. Since my post several of them have increased their contribution significantly. Mr Mephisto |
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01-08-2005, 12:50 AM | #16 (permalink) | |
Go Cardinals
Location: St. Louis/Cincinnati
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The more competition, the more money that helps out people. If Bill Gates and whoever is #2 on the world's richest list race to see who gives the most money, who is the REAL winner? Indonesia
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01-11-2005, 07:56 PM | #17 (permalink) |
Wehret Den Anfängen!
Location: Ontario, Canada
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Current status of the disgusting race:
Total promised to date: more than 7.33 billion dollars. Amount of AID sorted by "% of GDP" Column 1: Nation name Column 2: Total aid (public + private, not including corperate) Column 3: GDP Column 4: % of GDP pledged and donated and loaned Because of the interest, arab nations (which are mainly islamic) bolded. Kuwait 100 35.37 0.280 Australia 918.4 518.4 0.177 Qatar 25 17.47 0.140 Norway 265.1 221.6 0.119 Netherlands 446.5 512 0.0872 Finland 88.1 162 0.054 Saudi Arabia 97.5 188.5 0.052 Canada 471.75 834.4 0.051 Sweden 144.4 300.8 0.048 Denmark 100.9 212.4 0.0475 Germany 1,071 2400 0.0446 Switzerland 131.7 309.5 0.0425 Taiwan 110 293.2 0.038 Hong Kong 57.5 158.6 0.0363 United Arab Emirates 25 70.96 0.035 Republic of Ireland 41.79 148.6 0.0281 Czech Republic 16 85 0.0188 United Kingdom 327.8 1795 0.0183 Singapore 15 91.34 0.016 Greece 21.3 173 0.0123 Japan 500 4326 0.012 Spain 73.13 836.1 0.0087 Italy 120.13 1466 0.0082 United States 865 10880 0.008 Belgium 23.68 302 0.0078 Portugal 10.45 149 0.0070 China 95.07 1410 0.0067 India 183 599 0.0031 France 54.84 1748 0.0031 And, so as not to undersell the importance of the larger nations, the 100 million+ club, sorted by total donated: Entire EU 2,500+ 11000+ ?? Germany 1,071 2400 0.0446 Australia 918.4 518.4 0.177 United States 865 10880 0.008 Japan 500 4326 0.012 Canada 471.75 834.4 0.051 Netherlands 446.5 512 0.0872 United Kingdom 327.8 1795 0.0183 Sweden 144.4 300.8 0.048 Taiwan 110 293.2 0.038 Norway 265.1 221.6 0.119 India 183 599 0.0031 Switzerland 131.7 309.5 0.0425 Italy 120.13 1466 0.0082 Denmark 100.9 212.4 0.0475 No data for private donations from Japan is availiable on the wiki yet. (source)
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Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest. |
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$1billion, australia, donates, indonesia |
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