1. Foreign and Economic Development
Microfinance and Bootstrapping Jeffery Sachs, the main face of the "Big Push " foreign aid, emphasizes the need to double the foreign aid due to the low level of capital leading to poor marginal productivity and negligible savings in LDCs. ... Coordination Problem and FDI With the passage of time, the way foreign aid is implemented has markedly changed due to the onset of globalization, however opponents of foreign aid have since argued the inefficiencies of aid programs. ... The total amount may seem miniscule compared to foreign aid however FDI carries a fiscal multiplier. ... Dedu et al fi...
- Word Count: 1966
- Approx Pages: 8
- Grade Level: Undergraduate