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Foreign aid

Foreign aid

  • The transfer of funds or goods and services to developing countries with the main objective to bring about improvements in their economic, social or political conditions

  • For transfers to be considered as foreign aid, they must be concessional (involve more favorable conditions than could be achieved in the market) & non-commercial (must not involve buying and selling or other activities concerned with making profit) 

Overview of foreign aid

截圖 2022-01-31 上午9.54.18.png

Evaluating of foreign aid

Evaluate Official Development Assistance (ODA)

截圖 2022-01-31 上午10.01.49.png

Evaluate Non-governmental organization (NGOs)

截圖 2022-01-31 上午10.06.40.png

*The diagrams / definitions in this website is extracted / Notes are summarized from "Economics for the IB Diploma, 2nd Edition" authored by Ellie Tragakes.

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This site is created in 2020, owned by Rex Hsu 徐唯耀. 

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