697349
Description
Mind Map by bella.calonje, updated more than 1 year ago
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Created by bella.calonje
about 10 years ago
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AID
- Humanitarian aid
- Political reasons
- Food Aid Issues
- may force down domestic food prices and affect domestic farmers
- may force down domestic food prices and affect domestic farmers
- Risk of continued dependency on Aid
- little incentive to be innovative
- little incentive to be innovative
- Political reasons
- Tied Aid
- Not effective
- Does not create employment or increased output
- imports may replace domestic products
- domestic country has to buy goods and service from donor country
- Does not create employment or increased output
- Not effective
- too focused on the modern sector
- may cause a greater gap in incomes and living standards between sectors
- may cause a greater gap in incomes and living standards between sectors
- Aid will only be effective if the country agrees to adopt certain economic policies
- Policies that emphasise the free market principles of liberalisation, deregulation and privatisation to encourage economic growth
- Policies that emphasise the free market principles of liberalisation, deregulation and privatisation to encourage economic growth
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