Political Science 2225E Lecture Notes - Lecture 20: Import Substitution Industrialization, Heavily Indebted Poor Countries, Capital Formation
10 Mar 2020
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Focused on chapters 5, 16, 20, 21 and 23. Write the word or phrase that best complete the statement below: __________ refers to the level of income below what is needed for basic physical survival. Voluntary transfer of economic resources (grants, or loans, or charitable donation) from one country or countries or ifis to another country. Soft (payment in local currency) or hard (payment in foreign currency) loan. Domestic: money borrowed from internal lenders; either banks of the public. Bilateral: money borrowed from another government. Multilateral: money borrowed from international financial institutions such as the ifis. Official development assistance (oda: tied aid. Foreign aid that must be spent on goods of services produced in donor country or selected countries: project aid. Money given for a particular project, such as a school or a hospital: program aid. Money provided in support of generic government programs (ex.
