How the financial meltdown will affect philanthropy and non-profits

[Excerpt of an interview with Jane Wales, President and CEO of the World Affairs Council/Global Philanthropy Forum and Vice President of the Aspen Institute.]

I think we have already seen in the UK and USA a situation in which the government has begun to shift responsibility for the provision of some services from the public sector to the social sector without shifting resources. In the USA , this process will accelerate because both the federal government and state and local governments are short on resources and the federal government has been engaged in deficit spending for a very long time.

No comments: