INDEV100 Chapter Notes - Chapter 8-9: Voicelessness, Washington Consensus, Sub-Saharan Africa
9 Nov 2020
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Donors : referred to as the providers of development assistance. (aid in the form of loans) Bilateral aid : when most donors provide the majority of their aid directly to developing countries. Channel the remainder of their funds through multilateral organizations such as the. World bank or un agencies for example, unicef - multilateral aid. Foreign aid often used interchangeably with the technical term official development assistance (oda). Oda - refers to flood of official financing administered with the promotion of the economic development and welfare of developing counties as the main objective. To qualify as oda, the funding must be provided by governments and its main purpose must be - improving economic or social well-being in developing countries. Ngo"s do not count as oda nor do military assistance and export credits means mainly to promote thee sale of goods from the do not countries.
