1. The Benefits of Official Development Assistance (ODA)
... development. Response Introduction Back to the 1950s after the Second World War, in the framework of the Marshall Plan, the United States provided aid to its European allies in helping these countries rebuild previously destroyed economy and promote future economic growth. The success of this aid has raised optimism for the underdeveloped countries to possibly lift themselves out of poverty thanks to external assistance (Aime 2010). This kind of foreign assistance was then widely ... Income Countries (LICs) and aid dependency status to become economically mature (Aime 2010). Thailand ca...
- Word Count: 2127
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate