How important is foreign aid for low- and middleincome developing economies in relation to their other sources

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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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Economic Development

ISBN: 9780138013882

11th Edition

Authors: Michael P. Todaro, Stephen C. Smith

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