ABSTRACT

In the first speech ever to be delivered by the leader of a foreign government to the National Assembly of the Cape Verde Islands, the Prime Minister of Luxembourg, Jean-Claude Juncker, stated on 31 January 2002 that his country might not be a member of the G-7, but that it was proud to be part of the Group of 0.7. It demonstrates that small countries can be large in some things. Luxembourg is a relative newcomer on the donor scene, but it has quickly catapulted itself among the donors that fulfil the UN General Assembly's 1970 promise that rich countries should be giving 0.7 per cent of their GNP to foreign aid. What is more, Luxembourg has recently promised to reach 1.0 per cent of GNP in 2005. This relatively high volume of aid also means that Luxembourg can be an important donor in some developing countries.