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Foreign Aid

In: World Economy and International Business

Author

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  • Natalya Galistcheva

    (MGIMO University)

Abstract

The chapter analyses the role of foreign aid as an external factor in the economic development of emerging market countries. The theoretical aspects of foreign aid are considered: the forms in which foreign aid is provided, the conditions under which it is provided, and its sources. The main donors and recipients of aid in the world economy are noted. The scale of foreign aid in the world economy from the second half of thetwentieth century to the beginning of the twenty-first century is given.

Suggested Citation

  • Natalya Galistcheva, 2023. "Foreign Aid," Contributions to Economics, in: Alexander Bulatov (ed.), World Economy and International Business, pages 793-802, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-20328-2_40
    DOI: 10.1007/978-3-031-20328-2_40
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