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This is the question (copy & pasted) (a) Based on Jacobsen (Chapter 6, subsections 6.6 and...

This is the question (copy & pasted)

(a) Based on Jacobsen (Chapter 6, subsections 6.6 and 6.7) discuss the importance of the Official Development Assistance (ODA) and multilateral aid;

(a) Based on Jacobsen (Chapter 6, subsections 6.6 and 6.7) discuss the importance of the Official Development Assistance (ODA) and multilateral aid;

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The official developmen assistance is defined as goernment aid designed to promote the economic development and welfair of deveoping countries loans and credits for military purposesare excluded, Given its unique characteristics ODA even with lower relative weight than before is an important compnent of international financing for development particularly for the poorest countries. The mutilateral aid is assistance provided by governets to international organisations like the United Nations world bank and international monetary fund, These organisations seek to reduce poverty in developing nations.

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