Political Science 1020E Lecture Notes - Lecture 19: Official Development Assistance, Capital Formation, Length Overall
17 Apr 2018
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Foreign aid: non- military concessionary assistance provided to developing countries usually by developed countries, us gets 4 billion for military assistance. Norway and denmark are the most generous: provide between 0. 7% to 1. 4% of their gni, uk provided 20 billion last year, largest recipients of aid, afghanistan, iraq. Types of aid: humanitarian aid, foreign aid that is given specifically when there is a humanitarian disaster, e. g. famine, cyclone and other natural disasters, money is often earmarked specifically for that emergency. Delivery channels: multilateral system, the money is provided from one government to places like the un, the world bank, It gives us a buffer in the event that the money does not go where we intend for it to go. Origins of foreign aid: european origins in 18th century, europeans introduced it as part of colonial project, american origins in 20th century, marshall plan is 15 billion dollar loan that was provided to european countries to help them.
