Should foreign aid be untied?

Recipient nations have greater flexibility to use aid as needed, rather than on required projects or with required providers. [...]administrative burdens are reduced on all parts. Locals seek subcontracting and get solid ties to donor countries and companies. Because of accountability measures in ti...

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Bibliographic Details
Published inThe Korea Times
Main Author Ho-joon, Yoo
Format Newspaper Article
LanguageEnglish
Published Seoul Korea Times 13.10.2008
Subjects
Foreign aid
Subsidies
Trade finance
United States > US
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Summary:Recipient nations have greater flexibility to use aid as needed, rather than on required projects or with required providers. [...]administrative burdens are reduced on all parts. Locals seek subcontracting and get solid ties to donor countries and companies. Because of accountability measures in tied aid, it's less likely for local rulers to misallocate money for their own corrupt means. * Politics.