IB Geography: Resources: Overseas Aid

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No simple correlation between the level of poverty and the amount of aid received. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Official Development Assistance (ODA) another term for aid. Bilateral Aid is from one country to another in the form of grants, accounting for 75% of official aid. Multilateral Aid is channelled through agencies such as the World bank and IMF (International Monetary Fund). Food Aid accounts for 10% of all bilateral aid.

Disaster relief accounts for 2% of all bilateral aid, and is not targeted on projects. Aid and trade provision is a form of bilateral aid used to prioritise industrial development projects. Project Aid is tied to a specific project. Tied Aid limits the receiver to buying from the donor country.

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[object Object],In November 1994 a High Court ruled as illegal British foreign secretary Douglas Hurd’s allocation of £234 million towards the funding of the dam, on the grounds that it was not of economic or humanitarian benefit to the Malaysian people.

IB Geography: Resources: Overseas Aid

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IB Geography: Resources: Overseas Aid