German foreign aid is at a record high and rising. Here is how it works.

by Catherine Cheney
Devex, 02 February 2017

Read online at:
https://www.devex.com/news/german-foreign-aid-is-at-a-record-high-and-rising-here-is-how-it-works-89366

Germany has reinvented itself three times in 100 years, following World War I, World War II, and the reunification with East Germany. A massive aid recipient half a century ago, Germany is now the third largest donor for official development assistance, after the United States and the United Kingdom. From the Wirtschaftswunder — which is German for the economic miracle the country experienced after World War II — to the Energiewende — the transition Germany is now making toward becoming a clean energy economy — the country is drawing on its own experience to provide guidance to its partners. It is important for the global development community to understand how a country with a growing budget for development cooperation and increasing pressure to take a leading role on the world stage approaches its work in development cooperation.

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