DVM 1100 Lecture Notes - Lecture 7: Marshall Plan, International Development Research Centre, Colombo Plan

• School: University of Ottawa
• Department: International Development and Globalization
• Course: DVM 1100
• Professor: Mahmoud Masaeli

Document Summary

The emergence of the imf and wb. The cold war and the ideological rivalries. Hydro-electric dams , irrigation system, and railway lines. Driven by a realistic view because of the old war. Colombo plan was acting based on the offered soft loans: long-term (10 to 50 years), re-paid in the currency of recipient country, rates were lower than commercial loans, loan invoice grace period, concessional factors and more generous, What were the real objectives: bricks and mortar than capacity building, preventing the penetration of communism. A long way struggle for independence in africa, Newly independent countries and organizational ties in the un, New independent countries, new demands for help, We are one of the 8 countries that have formed this: offered by formal agencies, governments , dedicated to economic growth, includes concessional factor. The 0. 7% formula ( the un second development decade) Give 0. 7% of gnp to developing countries. 1968 canadian council for international cooperation,