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Definition: aid, development from Philip's Encyclopedia

Funds, goods, equipment, and expertise donated or loaned by the world's richer countries to poorer countries and used to promote development. The largest amount of development aid is paid out by the World Bank, specifically through its International Development Association (IDA). All industrialized member states of the United Nations (UN) allocate a specific proportion of their own Gross National Product (GNP) for development projects.

aid

From The Hutchinson Unabridged Encyclopedia with Atlas and Weather Guide
Financial or other assistance given or lent, on favourable terms, by richer, usually industrialized, countries to war-damaged or developing states. It may be given for political, commercial, or humanitarian reasons, or a combination of all three. A distinction may be made between short-term aid (usually food and medicine), which is given to relieve conditions in emergencies such as famine, and long-term aid , or development aid , which is intended to promote economic activity and improve the quality of life – for example, by funding irrigation, education, and communications programmes. In 1970, all industrialized United Nations (UN) member countries committed to a goal of giving at least 0.7% of their gross national product (GNP) in aid. On a global level, the World Bank and the International Monetary Fund are the two biggest aid dispensers. In the UK, the Department for International Development (DFID) is responsible for the promotion of overseas development and the reduction of…
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Full text Article aid, food

From The Princeton Encyclopedia of the World Economy
Global food aid deliveries, 1981–2005 (MMT)....
Food aid is a resource provided on concessionary terms in the form of, or for the provision of, food. In accounting categories, international food aid is a cross-border flow that is an entry into a country’s balance of payments. National governments do provide food aid within their own borders, …
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Full text Article aid, international

From The Princeton Encyclopedia of the World Economy
Aid components, 2000–2005. Source: OECD...
International aid, or official development assistance (ODA), comprises a wide range of financial and nonfinancial components. These may take the form of cash transfers as well as grants of machinery, technical advice, and analysis and assistance in capacity-building support. Although foreign aid is…
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Full text Article aid

From Palgrave Macmillan Dictionary of Political Thought
On the assumption that the world divides into ‘developed’ and ‘developing’ nations, and that it is better for a nation to be developed than not, the idea of international aid has come to have considerable importance in political thinking. ( See development .) It has been argued before the UN…
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Full text Article foreign aid

From The Columbia Encyclopedia
economic, military, technical, and financial assistance given on an international, and usually intergovernmental level. U.S. foreign aid programs have included at least three different objectives: rehabilitating the economies of war-devastated countries, strengthening the military defenses of allies…
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Full text Article foreign aid

From Encyclopedia of American Foreign Policy
The Marshall plan was a funding strategy for the...
Foreign aid is a tool designed first and foremost to advance U.S. political and security goals. This is a significant point because while the tendency in looking at foreign aid is to evaluate its success or failure in terms of the economic growth it produces, from a policy maker's perspective the…
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Full text Article Foreign Aid

From Encyclopedia of World Trade: From Ancient Times to the Present Full text Article A-Z Entries
An explicit or implicit transfer of resources at concessionary terms from developed to developing countries at the governmental level. Foreign aid is distinct from such transactions as flow of private foreign capital, which involves private entities motivated by profit to undertake transactions that…
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Full text Article Foreign Aid

From The Oxford Companion to International Relations
Foreign aid, technically called Official Development Assistance (ODA), is defined by the Organization for Economic Co-operation and Development's (OECD) Development Assistance Committee (DAC) as consisting of grants or concessional loans (with at least a 25 percent grant element) that (a) originate…
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Full text Article FOREIGN AID

From The Oxford Encyclopedia of American Military and Diplomatic History
Foreign aid includes private or public bilateral or multilateral assistance to nations suffering the ravages of war, natural calamity, or long-standing poverty. Foreign aid may also be given for reasons relating to U.S. economic, diplomatic, or national-security interests. The concept derived from…
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Full text Article foreign aid

From Encyclopedia of the American Presidency
The United States, for humanitarian and political reasons, gives aid—financial, food, etc.—to other nations. While the percentage of the U.S. foreign aid ranks as one of the lowest of any developed nation, the massive size of the U.S. economy nevertheless means that the United States can use this…
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Full text Article foreign aid

From Britannica Concise Encyclopedia
Transfer of capital, goods, or services from one country to another. Foreign aid may be given in the form of capital transfers or technical assistance and training for either civilian or military purposes. Its use in the modern era began in the 18th century, when Prussia subsidized some of its…
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