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4.6 Foreign aid (aid-related facts (i/r is lower than commercial loans,…
4.6 Foreign aid
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motives for offering aid
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economic motives
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promote X of mfg goods, M of raw materials
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aid and NGOs e.g. Oxfam
labour, environmental and human rights scrutinised, sometimes change is forced upon MNCs
business forced to care about workers' welfare, not just effects on their share price
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aid and development
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ineffective
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poorest often landlocked, hard to increase PPC
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