DEVS 100 Lecture Notes - Lecture 7: Remittance, Structural Adjustment, New Development Bank
7 Jan 2016
School
Department
Course
Professor
Document Summary
*annotated bib due november 3rd before 5 pm. Bilateral aid: aid that is given by donors directly to developing foreign aid: the transfer of resources from one country to another to assist in development, humanitarian, need, etc. Official development assistance (oda): the flows of official financing administered to promote developing countries" economic development & welfare focus on poverty reduction corporations. Oda is not: aid from individuals, foundations, ngo"s, or private. Grants usually provided more often than loans. Multilateral aid: aid given by donors through multilateral. Grant: donation that is non-reimbursable organizations loan: donations that must be repaid but in terms better than commercial transactions. Building local institutions improving existing institutions creating new institutions. Oda donor motivations: relieve poverty international stability former colonial ties/compensation. 1961 stimulated economic progress and world trade. Development assistance committee (dac) of the oecd monitors aid significant influence as an advisory body.
