DVM 2105 Study Guide - Final Guide: Heavily Indebted Poor Countries, Poverty Trap, Aid Effectiveness

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Channel funds through organizations like the world bank & un. Bilateral oda is conditional on the purchase of goods and services from. Dac commitment to oda: 0. 3: **supplement savings (of individuals)*, **enhances investment (in infrastructure, social policies)*, emergency/humanitarian assistance/gap-filling. Poor do not have: human: heath, skills, business: machinery, facilities, infrastructure: roads, power, sanitation. Accumulation: natural: good soil, biodiversity, public institutional: law, policing, household support, public investments, private sector support (micro-finance) Extreme poor had shortfall relative to basic needs of sh. 31 ( per year) - billion per year to meet mdgs. Maximum amount of aid they can productively use without waste & corruption. Can be contractual with mutual obligation on the grounds of poor governance. Donors don"t agree on who is a good governance country. Make public country"s goals, targets, policies to reduce poverty. Clearly divide labor of imf and world bank. Accountability for failure of individual projects exists. Action would not take place at all/within time frame requested if not.

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