Development aid is the term given to the financing provided to improve living conditions in impoverished nations and regions by public actors from countries that are more financially well off.

1. Defining Development Aid
Jonathan Bennion-Pedley
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2. Defining
Development
Aid
Development aid is the term given to the financing provided
to improve living conditions in impoverished nations and
regions by public actors from countries that are more finan-
cially well off. It is implemented by ministries, banks, NGOs,
professional organisations, local authorities and businesses.
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3. Bilateral Aid / Multilateral Aid
Bilateral aid is a process where aid and funds go directly to the beneficiary country from the
donor country. Multilateral aid is when funding contributions go to international organisa-
tions such as the World Bank or UNICEF, which pays for programmes and operating costs.
Changing Economies
One objective of development aid is to reorient funds within an economy that is shifting,
building a more egalitarian and ecological world. There are short-term costs involved in this
process, but these lead to medium and long-term gains.
Sustainable Development
Development aid today is built around the concept of sustainable development, which
means delivering aid that provides communities with the capability to administer long-last-
ing change, with the introduction of programmes and facilities that will continue to benefit
them long after the aid workers have left.
Jonathan Bennion-Pedley I Page 3

4. Jonathan
Bennion-Pedley
Development aid often follows
humanitarian aid; you can learn more
about humanitarian aid by visiting the
blog of Jonathan Bennion-Pedley.