Trends of Foreign Aid

Discuss the types, intended purpose and major trends of foreign 2000 and 2016
Instruction:
Discuss the question under the following sub-headings:
1. Types of foreign aid
a) Private foreign investments by Multinational Corporations (MNCs) vs Transnational Corporations (TNCs).
b) Loans vs grants
c) Programme vs project aid
d) Tied aid
2. Purpose of foreign aid
a) Developmental (to promote economic growth and poverty alleviation);
b) Commercial (to cement commercial and financial relations with the aid donor-recipient, open markets, and ensure opportunities for investors, contractors, and suppliers from the aid-giving countries);
c) Political (to maintain the allegiance of governments that are politically aligned with the donor, Humanitarian relief e.g. after 2011, 2015 and 2027 droughts
3. Trends of Foreign Aid
a) Bilateral versus multilateral aid
b) From West to Looking East: emerging players such as the Chinese
c) Magnitude of international aid in relation to local economy: from internal reliance (e.g. taxes under Kibaki regime to heavy public debt) i.e. endogenous versus exogenous growth
d) Domination of large scale infrastructure projects.
4. Conclusion
Format
1. Times New Roman, size 12, double spacing
2. Chicago referencing
3. Maximum of 15 pgs

foreign aid