Official development assistance as a tool for China's geo-economic pressure: the geography of influence and areas of interest

Authors

  • M. Rubtsova Інститут міжнародних відносин Київського національного університету імені Тараса Шевченка

Keywords:

economic dependence, external economic assistance, least developed countries, foreign capital, recipient countries, donor countries, aid’s commercialization, credits, grants

Abstract

The article contains analysis of the economic essence of the official development assistance (ODA) and mechanisms for its rendering, with emphasis on its relation with the Millennium Development Goals (MDG). The problem of assistance, as seen in the article, is not confined to the regional dimension, with a set of starting conditions and implications, but covers the global perspective, with emphasis on eliminating poverty and alleviating ineffective distribution of incomes. The goals are highlighted, which were unanimously recognized by the countries that are ODA donors as a guideline for financial transactions to less developed countries burdened by debt. Several patterns of the relationship between ODA and poverty elimination are highlighted. Critical judgment of ODA effects for MDG from the perspective of poverty elimination and unequal distribution of incomes is given.

Author Biography

M. Rubtsova, Інститут міжнародних відносин Київського національного університету імені Тараса Шевченка

к.е.н., доцент кафедри міжнародного бізнесу

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