2. Foreign Aid Definition
Foreign Aid refers to money, food,
or other resources given or lent by
one country to another.
Economic, technical, or military aid
given by one nation to another for
purposes of relief and rehabilitation,
for economic stabilization, or for
mutual defense
3. Example of Aid
UNICEF (United Nations
International Children's
Emergency Fund) raises
money from governments,
individuals, corporations, and
foundations to promote
education, health care, and
disaster relief around the
world.
4. 1.Duration: Long Term ,Short Term,
emergency
2.Delivery:Financial,Goods,Service from
trained people
3.Source:Government,Non Government,
Charity, Individual
4.International dimension: Bilateral,
Multilateral
5.Dependency: Tied Aid
Types Of Aid:
5. Forms of aid BD receives
1.Grants
2.Loans
3.Buyers Credit
6. Types of Aid in Bangladesh
Food Aid
Commodity Aid
Project Aid
7. Food Aid
Supply of food from the
donor countries and
organizations
Donor payments of costs
associated with food supply
such as transport, storage,
distribution, etc. are also
considered as food aid.
9. Project Aid
It is the provision of grants
and loans for the financing of
project costs
It also finances the import of
equipment and commodities
related to projects.
10. Bilateral: China, Saudi Arab, Qatar &
other Middle Eastern country, US
Aid, AUSAID, JICA
Multilateral: International Monetary
Fund (IMF), World Bank, ADB, IDB,
UN
Types of Development Partners
11.
12. Some of the Major Development
Partners in Bangladesh
•World Bank
•ADB
•JICA
•DFID
•AUSAID
•CIDA
•GIZ
13.
14.
15.
16. List of Advantages of Foreign Aid
1. Save Lives.
2. Rebuild Livelihoods.
3. Provide Medicines.
4.Aids Agriculture.
5. Encourage Development.
6. Tap Natural Resources.
7. Promote Sanitation.
17. List of Disadvantages of Foreign Aid
1. Increase Dependency.
2. Risk of Corruption.
3. Economic/Political Pressure.
4.Overlook Small Farmers.
5. Benefit Employers.
6. Hidden Agenda of Foreign-Owned Corporations.
7. More Expensive Commodities.
18. In many cases foreign aid has become ineffective due
to:
without proper planning or feasibility studies
Lengthy approval process
Foreign aid serves the geo-political strategic and
economic interest of the donor countries
Foreign aid benefits powerful domestic interest and
breeds corruption;