Nearly 80% of the developed world's total economic engagement with the developing world is through private financial flows, including investment, philanthropy, and remittances. Additionally, the stability of philanthropy and marginal declines in remittances and their steady return to growth reinforce their importance as a lifeline to the poor in tough economic times. In March 2011, Secretary of State Hillary Clinton announced that the State Department would team up with Goldman Sachs to expand its 10,000 Woman program, which trains female entrepreneurs in business practices.
http://www.hudson.org/files/documents/2011%20Index%20of%20Global%20Philanthropy%20and%20Remittances%20downloadable%20version.pdf--
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