POLS 2080 Chapter Notes -Official Development Assistance, United Nations General Assembly, Tied Aid
29 Dec 2013
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Donors: providers of development assistance (although lenders is more appropriate given their habits of giving out loans) Bilateral aid: a country giving aid money directly to another country government to government. Multilateral aid: a country giving aid money to an institution such as the un or world bank. Official development assistance (oda): the flows of official financing administered to promote developing countries economic development and welfare, which are concessional in character, and with a grant element of at least 25 percent. Aid from individuals, foundations, ngos, or private corporations does not count as oda. Military assistance and export credits to promote donors sales of good are not oda. Official assistance: aid to countries not classified as developing (e. g. , russia) Donors debt relief to developing countries does not qualify as aid. Donor countries peacekeeping costs do not qualify as aid. Loan: donation that must be repaid but in terms better than commercial tr ansactions to be considered oda.
