1. The Effects of Grants and Donor Aid
Developing countries are characterised by lack of capital, technology and necessary skills which are vital for the growth of any economy and according to Nazneen (1993), the donors who provide development aid to the developing countries are just well placed to provide this economic development through providing capital which is inform of grants and loans, technology which is often in form of specific projects like that initiated by the American government in Malawi to upgrade the power production at Nkula and Tedzani falls and also that of the Malawi Communication Regulatory Authority which is...
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