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Economic Development 12th Edition by Michael Todaro
Edition 12ISBN: 978-1292002972Economic Development 12th Edition by Michael Todaro
Edition 12ISBN: 978-1292002972 Exercise 6
What is meant by tied aid? Most nations have increasingly shifted from grants to loans and from untied to tied loans and grants. What are the major disadvantages of tied aid, especially when this aid comes in the form of interest-bearing loans?
Explanation
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TIED AID
Tied aid refers to the aid bei...
Economic Development 12th Edition by Michael Todaro
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