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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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
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