Year: 2006
Type: report
Abstract: Suppose a DAC donor earmarks $1 billion of taxpayers’ money for officialdevelopment 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....
DOI: 10.1787/186548656812
Authors: Daniel Cohen, Pierre Jacquet, Helmut Reisen
Language: English
Subfield: Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: bronze
Funder: World Bank Group
OpenAlex ID: W2148571891