INDEV100 Lecture Notes - Lecture 14: Debt Relief, Good Governance, Bretton Woods Conference

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Donors(cid:859) or (cid:858)lenders(cid:859): the providers of development assistance. Bilateral aid: aid that is given by donors directly to developing countries (government to government) Multilateral aid: aid given by donors through multilateral organizations e. g. world bank, un. Grant: donation that is non-reimbursable (no need to return) This is the flo(cid:449)s of offi(cid:272)ial fi(cid:374)a(cid:374)(cid:272)i(cid:374)g ad(cid:373)i(cid:374)iste(cid:396)ed to p(cid:396)o(cid:373)ote de(cid:448)elopi(cid:374)g (cid:272)ou(cid:374)t(cid:396)ies(cid:859) e(cid:272)onomic development and welfare. Involvement of official / government sectors (both ends: promotion of economic development and welfare, combination of financial terms with concessional provisions (e. g. , if a loan, having a grant element of at least 25 per cent) Aid from individuals, foundations, ngos, or private corporations does not count as oda. Milita(cid:396)(cid:455) assista(cid:374)(cid:272)e a(cid:374)d e(cid:454)po(cid:396)t (cid:272)(cid:396)edits to p(cid:396)o(cid:373)ote do(cid:374)o(cid:396)s(cid:859) sales of goods a(cid:396)e (cid:374)ot oda. (cid:858)offi(cid:272)ial assista(cid:374)(cid:272)e(cid:859): aid to (cid:272)ou(cid:374)t(cid:396)ies (cid:374)ot (cid:272)lassified as (cid:858)de(cid:448)elopi(cid:374)g(cid:859) (cid:894)e. g. , ussia(cid:895) Do(cid:374)o(cid:396)s(cid:859) de(cid:271)t (cid:396)elief to de(cid:448)elopi(cid:374)g (cid:272)ou(cid:374)t(cid:396)ies does (cid:374)ot (cid:395)ualif(cid:455) as aid. Do(cid:374)o(cid:396) (cid:272)ou(cid:374)t(cid:396)ies(cid:859) pea(cid:272)ekeepi(cid:374)g (cid:272)osts do (cid:374)ot (cid:395)ualif(cid:455) as aid.

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