The growth and decline of American economic aid to less developed countries
The principal purpose of this study is to account for changes in the amount of economic aid which the United States has provided to less developed countries. Economic aid is defined broadly to cover direct transfers of resources (money, credits, commodities or services) from the government of the donor nation to the economic sector of the recipient nation. Concessional economic aid refers to grants and credits on terms markedly more liberal than those applying in private commercial...[Show more]
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