1. The Benefits of Official Development Assistance (ODA)
... larger freedom in 1945. According to Organization for Economic Cooperation and Development (OECD), ODA is the flow of official financing aiming to promote economic development and welfare of the countries listed as Aid Recipients by the Development Assistance Committee (DAC), with at least 25 percent of grant. The transfer of aid from donor governments to the countries that need assistance can be made through either official agencies or executing agencies. Chenery ... increase corruption, encourage rent-seeking activities instead of profit-seeking ones, weaken accountability of a govern...
- Word Count: 2127
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate