Types Of Aid Flashcards
What is international aid?
Assistance which governments, NGO’s, businesses and individuals give to help reduce poverty and achieve sustainable development
What does aid do for lic’s & mic’s
Increase presence in international trade exporting, more goods being able to afford imports, creating new trade opportunities with hic’s
Where the worlds least developed countries
Africa 33, Asia 9
Where is extreme poverty hardest to eradicate?
Sub-Saharan Africa, conflict affected areas & rural areas
% Of world in extreme poverty
9%
% Of world din moderate-extreme poverty?
25%
numberof women who are illiterate?
500+ million
other names for relief aid?
humanitarian or emergency aid
what does humanitarian aid do?
provide food, water, medical assistance or shelter
what is development aid?
supporting economic or social development
what does developmental aid consist of?
grants, low interest loans and debt relief
What is tied aid?
on the condition that the receiving country spends money on goods or services from the donor country
Why is tied aid given?
for economic or geopolitical reasons
What is bilateral aid?
from one country direct to another country
how much of a governments aid budget is spent usually on bilateral aid?
most of it, for economic or geopolitical issues
