How important is foreign aid for low- and middleincome developing economies in relation to their other sources of foreign-exchange receipts? Explain the various forms that
How important is foreign aid for low- and middleincome developing economies in relation to their other sources of foreign-exchange receipts? Explain the various forms that official development assistance can take, and distinguish between bilateral and multilateral assistance. Which do you think is more desirable, and why?
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Foreign aid plays a pivotal role in developmental stages of low and middleincome economies It provides muchneeded financial resources to these countri... View full answer
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Authors: Michael P. Todaro, Stephen C. Smith
11th Edition
0138013888, 978-0138013882
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