The Role of Private Foundations in International Development: a labour market analysis

Abstract

The World Health Organization (WHO) defines health as “a state of complete physical, mental and social well-­‐being and not merely the absence of disease or infirmity.” In developing countries, the WHO definition of health is far from being met. Because of globalization, the issues that are being faced in those countries are of great importance to developing countries. Social justice and a better understanding of global public goods have created a strong incentive for action. The forms of aid provided have evolved over time from military aid to modern day heath, education and social innovations. The many international aid organizations attempt to improve the lives of those who are less fortunate. These organizations include official development assistance, Non-­‐Governmental Organizations and finally Private Foundations.