After Gleneagles What Role for Loans in ODA?

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 no...

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Bibliographic Details
Main Author: Cohen, Daniel
Other Authors: Jacquet, Pierre, Reisen, Helmut
Format: eBook
Language:English
Published: Paris OECD Publishing 2006
Series:OECD Development Centre Policy Briefs
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary: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...
Physical Description:27 p. 21 x 29.7cm