Tag: ODA
-
How is UK Development Aid money spent? some useful tracking tools
Even with the recently announced cuts to UK development aid, the United Kingdom will still be spending around £10 billion a year on overseas aid from 2020 onwards. £10 billion is a lot of money, so it’s fair enough that we should be able to keep track of where our tax money is going! Thankfully…
-
Arguments for Official Development Aid
Early modernisation theorists believed that it was essential to inject aid into countries to establish infrastructure and change attitudes. From the 1950s to 70s aid programs seemed to have a positive effect on many developing countries as both economic and social development increased, however this progress seamed to stall from the late 1970s. Contemporary supporters…
-
Different Types of Aid in International Development
Aid refers to any flow of resources from developed countries to the developing world. Aid can come in the form of money, technology, gifts or training, and can either be provided in the form of a grant which does not have to pay back or a loan with interest which does have to be paid…
