DVM 3140 Lecture Notes - Lecture 3: Monterrey Consensus, Department For International Development, John Maynard Keynes

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Midterm (practise questions) (10 out of 15 questions) answers should not exceed 80-100 words (5 lines) How can international trade be viewed as an engine for development discuss in view of monterrey. Multilateral aid arrangements develop a sense of cooperation among nations. Efforts to solve problems, such as poverty disease and conflict through multilateral efforts. Help ensure that different bilateral arrangements do not work at cross-purposes. Multilateral aid agencies are more familiar with the regions or nations they work in. Often drawn up based on self interest. Direct their aid to former colonies countries with which they have significant strategic ties, economic interest or potential markets. Bilateral aid arrangements are often short term and subject to change at short notice as a result of political or economic shift in the donor country. Tendency for donor countries to place strict political, diplomatic or economic conditions on the receipt. Dependency is sometimes fostered conditions imposed on contributions: official development assistance (oda)

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