International aid
Aid is money given by a developed countriesCountries where people have a high standard of living. to a developing countryA country that has little industry and lacks access to healthcare or education. to help with development. It can come in a variety of forms:
- short-term aidHelp which is given to a country in times of need, eg after a natural disaster. – needed after sudden disasters.
- long-term aidHelp which is given to a country to allow it to develop, eg building a hospital to improve healthcare. – money given for a specific project over a long period of time.
- tied aidAid that is given with conditions attached. – aid that is given with conditions attached.
- Charitable aid – raised by donations from charities such as ActionAid.
- bilateral aidThe process of one country giving money to another. – when one country gives money to another. Only two countries are involved.
- multilateral aidWhen more than one country gives aid to another country. – when more than one country gives money, eg through the World Bank.
India received ODA (Official Development Assistance) which it spends on things like infrastructure projects and education. Japan, Germany, France and the UK are amongst the biggest contributors of ODA to India.