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Tied aid is when the country giving the aid also benefits economically. This is more of an agreement than bilateral aid, but it may worsen a country.eg. Britain will keep The Ivory Coast's cocoa trade going if the proce of cocoa stays low
Bilateral aid is when one country gives aid to another country.eg. Britain giving money to Ghana to build schools
We give bilateral aid
because of poor technology
because of poor technology
Two types of foreign aid are humanitarian aid, which is provided in response to emergencies like natural disasters or conflicts to address immediate needs such as food, water, and shelter, and development aid, which is aimed at long-term sustainable development projects in areas such as education, healthcare, and infrastructure.
Pros of bilateral aid include direct control over how funds are allocated, enhanced relationships between donor and recipient countries, and tailored assistance to meet specific needs. Cons include potential for donor countries to exert undue influence over recipient countries, lack of coordination with other aid efforts, and the risk of aid being used for political purposes rather than development.
Rest of world won on penalties, game was tied at 2-2
Advantages and disadvantages: -Advantages:(i) For the Aid-recipient Country:i. The aid-giver is more concerned about promoting the interests of the aided country than its own.ii. The aid-giver is in a better position than the aided country to take decisions regarding the aided projects and their details.iii. The volume of aid is adequate, timely, and on an assured long term basis.iv. Under such conditions, there is also a high probability of aid being on concessional terms.(ii) For the Aid-giver:It reduces the risk of default by the aid-recipient, and gives the aid- giver a better control over the design, technology, location, and management, etc., of the aided projects.Tied aid is also expected to generate some extra benefits to the aid-giver country in the form of additional export earnings, secured markets and higher level of domestic employment, and the like.Disadvantages of Tied Aid: -i. It needs no elaboration that for the aid-recipient country, economic cost of the tied aid goes up.ii. Tied aid restricts the choice of its use by the aid-receiving country.iii. Aid may be subject to some matching contribution by the aid-receiver. This again leads to a situation where the aid-giver can dictate its own priorities regarding resource allocation by the aid-receiver.
When making a sling in first aid, the knot is usually a reef knot.
Kool-aid
A hearing aid