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After Gleneagles: What Role for Loans in ODA?

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  • Daniel Cohen
  • Pierre Jacquet
  • Helmut Reisen

Abstract

Suppose a DAC donor earmarks $1 billion of taxpayers’ money for official development 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....

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File URL: http://dx.doi.org/10.1787/186548656812
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Bibliographic Info

Paper provided by OECD Publishing in its series OECD Development Centre Policy Briefs with number 31.

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Date of creation: Dec 2006
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Handle: RePEc:oec:devaab:31-en

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Cited by:
  1. Reisen, Helmut, 2009. "The Multilateral Donor Non-System: Towards Accountability and Efficient Role Assignment," Economics Discussion Papers 2009-18, Kiel Institute for the World Economy.
  2. Maoz, Yishay David & Peled, Dan & Sarid, Assaf, . "Trade Agreements, Bargaining and Economic Growth," Working Papers WP2010/2, University of Haifa, Department of Economics, revised 30 May 2010.

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