The financial crisis around the world
Akwasi Aidoo, TrustAfrica’s executive director, is featured in this article about the global financial crisis and its impact on civil society and development.
March 1, 2009
The effects of the financial crisis on giving are only just beginning to be felt. Over the next few issues, Alliance will offer a series of snapshots from contributors in different regions, showing what impact the crisis is having on philanthropy and civil society there.
In the first of these, observers in Brazil and Russia detect early signs of reduced corporate giving. In India, though it’s business as usual so far for CSR, it’s likely that its practice will become more tightly focused. Meanwhile, in Africa, shrinking resources point to the need to concentrate on developing self-sustaining CSOs. In the Arab region, by contrast, massive commitments for reconstruction in Gaza are defying all the trends.
Click here to view the article on Alliance’s website.