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What is Foreign Aid

Chapter 15
Global Dimensions of Democracy and Human Rights: Problems and Perspectives
Economic assistance in the form of loans and grants provided by a donor country to a recipient country for a variety of purposes.
Published in Chapter:
The Free Market Economy as the Main Guarantee of the State's Socio-Economic Development and Promoting International Cooperation
Irakli Kervalishvili (Georgian Technical University, Georgia)
Copyright: © 2022 |Pages: 16
DOI: 10.4018/978-1-6684-4543-3.ch015
Abstract
The free market economy is a market system in which the prices of goods and services are the result of an agreement reached freely between sellers and consumers, without the intervention of outside forces. The laws and forces of supply and demand in such a market are free from the influence of government, price-fixing monopolies, or any other power. A free market is a controlled market or a regulated market in which the government intervenes in the regulation of supply and demand through non-market methods, such as laws that prohibit market entry or that directly regulate prices. A free-market economy (market economy) is a market-based economy where the prices of goods and services are freely formed by the forces of supply and demand, and they are able to reach equilibrium without government policy interference.
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Chapter 13
The Economic Component of World Politics and the Main Global Social and Economic Problems
Economic assistance in the form of loans and grants provided by a donor country to a recipient country for a variety of purposes.
Published in Chapter: The Economic Component of World Politics and the Main Global Social and Economic Problems; From: World Politics and the Challenges for International Security
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Chapter 9
Foreign Aid to Africa: Conceptualising Socio-Economic and Political Development Applying Complexity Theory
The international transfer of capital, goods, or services from a country or international organisation for the benefit of the recipient country or its population. Aid can be economic, military, or emergency humanitarian.
Published in Chapter: Foreign Aid to Africa: Conceptualising Socio-Economic and Political Development Applying Complexity Theory; From: Handbook of Research on Chaos and Complexity Theory in the Social Sciences
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