Ending extreme poverty - A closer look at official development assistance

6 important questions on Ending extreme poverty - A closer look at official development assistance

What is the problem with the poverty trap?

A country may be too poor to get on the ladder by itself.

What was the Marshall plan of the United States to help Europe after WWII?

Offer a temporary injection of funds, given mostly not as a loan but as a grant, to help jump-start a renewal of economic life and self-sustaining growth.

What did partners in development of the ODA do?

Called on high-income countries to become donors to poor countries and overcome poverty by donating 1% of their GDP to help low-income countries. Of that 1% national income, 0,7% should come from official channels, mainly government-to-government grants and low interest loans. The remaining 0.3% should come from private contributions
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What is the difference between emergency relief and humanitarian relief?

- Emergency relief: Emergency help after a natural disaster, will save lives rather than promote long-term development.
- Humanitarian relief: FE Food aid in the middle of a famine (hongersnood)

What is the most efficient kind of development assistance?

Build capital: such as paved roads, an expanded power grid and more clinics and schools.

With which major crisises dit ODA play a role?

Helping poor countries to control malaria, AIDS, tuberculosis and birth control.

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