Published July 22, 2023
| Version v1
Journal article
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THE ROLE OF FOREIGN AID IN PROMOTING ECONOMIC DEVELOPMENT
Authors/Creators
- 1. 3rd year student at the University of World Economy and Diplomacy, Faculty of International Economics and Management
Description
This article explores the significance of foreign aid in promoting economic development. It examines the various forms and channels through which foreign aid is provided, along with its potential benefits and challenges. The article also discusses the role of recipient countries in effectively utilizing foreign aid to foster sustainable economic growth. By analyzing previous studies and evidence, this article aims to provide a comprehensive understanding of the impact of foreign aid on economic development.