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[13 Jan 2005 | 2 Comments | ]

Suhit Anantula reports that globally an astonishing US$4 billion has been pledged for tsunami relief till date. That is an incredible amount. Assuming that about 4 million people are directly affected (certainly an upper bound), $4 billion implies a lower bound of $1000 per person. My guess is that the aggregate promised aid exceeds the aggregate annual income of the affected population. The actual aid delivered will probably be much lower than the pledged amount, if one were to extrapolate from the past performance.
Some have advocated the creation of a …