POLI 3424 Lecture Notes - Lecture 12: Tied Aid, United States Agency For International Development, Poverty Trap
Document Summary
Usually for some specific project (e. g. infrastructure project) No expectation that it is going to be paid back. Soft loans - don"t have to pay back for a long time, interest is not high. Sometimes, it becomes very difficult to pay back loans. It becomes devastating (can"t put money towards other things like infrastructure) Providing for things that are not so immediate (e. g. education) They aren"t going to die if they don"t get it. Humanitarian - given after some sort of disaster (either manmade or natural) Making sure people have the health care, shelter, and food that they need to survive. Important to understand difference because most arguments for development aid don"t apply to humanitarian aid. Types of aid has changed over time. More debt relief in 90s and 2000s. Bilateral aid - goes from one government to another government directly. Typically goes to government, sometimes goes to ngos.