What is meant by tied aid? Most nations have increasingly shifted from grants to loans and from

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What is meant by tied aid? Most nations have increasingly shifted from grants to loans and from untied to tied loans and grants. What are the major disadvantages of tied aid, especially when this aid comes in the form of interest-bearing loans?

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Economic Development

ISBN: 9780138013882

11th Edition

Authors: Michael P. Todaro, Stephen C. Smith

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Question Posted: Feb 10, 2024 01:02 AM

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What is meant by tied aid? Most nations have increasingly shifted from grants to loans and from

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Tied Aid is a term used to refer to aid given by one country to another with certain conditions attached requiring the recipient country to spend the ...View the full answer

Economic Development

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