The Supply of Aid : How Are Donors Giving, and to Whom?

The Supply of Aid : How Are Donors Giving, and to Whom?

This Note reviews trends in official development assistance, focusing on volumes, sources, forms, and recipients. Several patterns emerge. First, a long-term trend of official flows taking the form of hard loans rather than grants and soft loans, w...

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Bibliographic Details
Main Authors: Harford, Tim, Hadjimichael, Bita, Klein, Michael
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
BORROWING
CREDIT GUARANTEES
DEBT
DEVELOPMENT BANKS
DIRECT INVESTMENT
INCOME
INTEREST RATES
INTERNATIONAL FINANCE
PORTFOLIO
PRIVATE INVESTMENT
PRIVATE SECTOR
PUBLIC
PUBLIC GUARANTEE
PUBLIC POLICY
PUBLIC POLICY INNOVATIONS
PUBLIC SECTOR
BILATERAL LOANS
CONCESSIONAL LOANS
DEVELOPMENT FINANCE
DISBURSEMENTS
FINANCIAL STABILITY
MULTILATERAL AID
MULTILATERAL GRANTS
MULTILATERAL LOANS
NONGOVERNMENTAL ORGANIZATIONS
TRANSACTION COSTS
Online Access:http://documents.worldbank.org/curated/en/2004/10/6504315/supply-aid
http://hdl.handle.net/10986/11256
Description
Summary:This Note reviews trends in official development assistance, focusing on volumes, sources, forms, and recipients. Several patterns emerge. First, a long-term trend of official flows taking the form of hard loans rather than grants and soft loans, with low interest and long maturities, has been reversed in the past five years. Second, both grants and loans are increasingly aimed at middle-income countries rather than the poorest. And third, official flows have fallen relative to rich-country income by 30 percent in the past 30 years.

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