Suppose a DAC donor earmarks $1 billion of taxpayers’ money for official
development assistance (ODA). The donor may use two instruments as an
outright grant or in combination with a market loan to produce a concessional
loan of $2 billion with a percentage grant element of 50 per cent. Many nowadays
think the choice should be clear: provide grants only, leave loans to the market.
The purpose of this Policy Brief is to qualify and inform this choice....
After Gleneagles
What Role for Loans in ODA?
