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?
Policy paper
OECD Development Centre Policy Briefs

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Abstract
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11 March 2008
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