After Gleneagles What Role for Loans in ODA? /
Cohen, Daniel.
After Gleneagles What Role for Loans in ODA? / [electronic resource]: Daniel Cohen, Pierre Jacquet and Helmut Reisen - Paris : OECD Publishing, 2006. - 27 p. ; 21 x 29.7cm. - OECD Development Centre Policy Briefs, no.31 20771681 ; . - OECD Development Centre Policy Briefs, no.31. .
Suppose a DAC donor earmarks $1 billion of taxpayers' money for official development assistance (ODA). The donor may use two instruments as an outright grant or in combination with a market loan to produce a concessional loan of $2 billion with a percentage grant element of 50 per cent. Many nowadays think the choice should be clear: provide grants only, leave loans to the market. The purpose of this Policy Brief is to qualify and inform this choice....
Development
After Gleneagles What Role for Loans in ODA? / [electronic resource]: Daniel Cohen, Pierre Jacquet and Helmut Reisen - Paris : OECD Publishing, 2006. - 27 p. ; 21 x 29.7cm. - OECD Development Centre Policy Briefs, no.31 20771681 ; . - OECD Development Centre Policy Briefs, no.31. .
Suppose a DAC donor earmarks $1 billion of taxpayers' money for official development assistance (ODA). The donor may use two instruments as an outright grant or in combination with a market loan to produce a concessional loan of $2 billion with a percentage grant element of 50 per cent. Many nowadays think the choice should be clear: provide grants only, leave loans to the market. The purpose of this Policy Brief is to qualify and inform this choice....
Development