1. The Effects of Grants and Donor Aid
Aid can be defined as grants or loans provided to governments or other entities in developing countries by governments or major multilateral institutions from developed countries in order to promote economic growth and human welfare. ... For instance the withdrawal of donor aid in Malawi saw the country's economy grounding to a halt as the government could not find the much needed forex to import fuel for vehicles and other machinery. ... She argued that although private foreign investment is beneficial for economic growth in the developing countries but the same thing cannot be said a...
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- Grade Level: Graduate