Author Question: Critically evaluate the following statement: If no other assistance is available, tied aid should be ... (Read 46 times)

leilurhhh · **on:** Jun 30, 2018

Critically evaluate the following statement: If no other assistance is available, tied aid should be accepted anyway, on the grounds that developing countries should accept any help they can get.

What will be an ideal response?

Question 2

How did the role of government in the East Asian miracle become a factor in the currency crisis of the late 1990s?

What will be an ideal response?

TINA · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

Calls for a discussion of the costs and benefits of tied aid, which can lead to net positive
or negative benefits.

Answer to Question 2

Governments played a role in resource allocation by directing capital to firms deemed important to development. When governments continued to favor firms that were not performing well, resources were poorly allocated and firms' debt problems became serious.