DEVS 100 Lecture Notes - Lecture 19: Official Development Assistance, Colombo Plan, Marshall Plan
Document Summary
Foreign aid: the transfer of resources from one country to another to assist in development (or other forms of humanitarian aid and some forms of military aid) Canada"s foreign aid (6 main focuses): gender equality and empowerment of women and girls, human dignity (humanitarian, economic growth, environment and climate action, inclusive governance (human rights, legal access, peace and security. Formal foreign aid: missionaries and some ngos (non, formal state to state channels, often in forms governmental organizations) Individual aid (through donations or bringing foreign goods to another county: remittances: transfer of money from someone working in a host country back to their home country. Remittances: of oda (official development assistance) through grants and loans: the idea is to increase the promotion of economic development and social welfare, canada is criticized for the lack of oda they give. Critiques of remittances: highest remittances flow from canada: india, there are added fees from western union.