Germany Ranks Top Three In Global Development Index
Rukhshan Mir (@rukhshanmir) Published September 18, 2018 | 04:32 PM
The Center for Global Development announced Tuesday that Germany claimed the No. 3 ranking in the annual Commitment to Development Index (CDI), which ranks 27 of the world's richest countries by how well their policies help improve lives in the developing world.
UNITED NATIONS, (APP - UrduPoint / Pakistan Point News - 18th Sep, 2018 ) :The Center for Global Development announced Tuesday that Germany claimed the No. 3 ranking in the annual Commitment to Development Index (CDI), which ranks 27 of the world's richest countries by how well their policies help improve lives in the developing world.
According to a press release obtained by Xinhua, Germany moved ahead of France and joined traditional global development powerhouses like Sweden and Denmark in the top three, a first for a G-7 country in the 15 years the Index was created. Germany shares third place with Finland.
The CDI is released annually by the Center for Global Development. It is a quantitative, broad based analytical tool that measures contributions of advanced economies in seven policy areas: aid, finance, technology, environment, trade, security, and migration.
Within each component, countries are measured on how their domestic policies and actions support poor countries in their efforts to build prosperity, good governance, and security.
"Good development policy is about much more than foreign aid," said Masood Ahmed, president of the Center for Global Development. "While aid is important, policy-makers in rich countries need to assess all the ways their choices, from the environment to trade to migration, help or hinder developing countries."The world's biggest economy, the United States, ranks 23 on the list.
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