Why development aid?
It has become common practice for both bilateral donors and multilateral aid agencies to make loans to developing countries below the commercial rate of interest. One obvious reason for this is the competition for exports, which can lead to subsidised credits in the hope that export sales of manufac...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10764 |