Foreign Aid

• Economics
• Tertiary Education

 What is aid? 

Start by watching the following short video and then answer the questions that follow:

(a) What is aid?

(b) What is the purpose of aid.

(c) What are some of the different types of aid?

(d) Distinguish between the following types of aid:
i. Short term and long term aid
ii. Bilateral and multilateral aid

(e) Distinguish between development aid and humanitarian aid.

(f) Distinguish between aid provided by governments and aid provided by private organisations such as NGOs and smaller private charities.

(g) Explain the role of aid in strengthening political alliances.

(h) Explain the role played by remittances in helping LEDCs.

(i) What figure is sent back as remittances each year to family members in the host country.

(j) Are long term loans made by Western banks to LEDCs considered a form of aid?