Explanation The advantages of developmental assistance are as follows: Donor’sPerspective Recipient’s Perspective Donor countriesgenerally do not have any direct benefits in developmental assistance. But by this way, the donor countriestry to maintain the relations with the recipient countrieswhich help them to improve their trade relations. The aid can be used into many important projects for development like education, health, industries and social welfare. The donor countries get acknowledged by the world bodies for their generosity for helping other nations. The money can be used by the recipient countriesto upgrade their educational level and increase the standard of living for their citizens...

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ISBN: 9781337794985

Author: Baumol

Publisher: CENGAGE L

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Question

Chapter 7, Problem 6DQ

To determine

To describe: The advantages and disadvantages of the financial assistance for development from the donor point of view as well as the recipient point of view.

Expert Solution & Answer

Chapter 7 Solutions

MACROECONOMICS

Ch. 7 - Prob. 1TY Ch. 7 - Prob. 2TY Ch. 7 - Prob. 3TY Ch. 7 - Prob. 4TY Ch. 7 - Prob. 5TY Ch. 7 - Prob. 1DQ Ch. 7 - Prob. 2DQ Ch. 7 - Prob. 3DQ Ch. 7 - Prob. 4DQ Ch. 7 - Prob. 5DQ

Ch. 7 - Prob. 6DQ

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