International Aid

Official Development Assistance

This is a type of aid given by governments and paid for by taxes. Sometimes unpopular with taxpayers. Includes multilateral and bilateral aid

Multilateral Aid

Richer governments give money to international organisations which redistribute to poorer countries

Bilateral Aid

Aid from one country to another, with conditions. For example the recipient may be required to buy goods from the donor country with aid money

Voluntary Aid

This is given by individuals or companies and distributed through organisations such as NGOs like Oxfam. Can be short or long term

Short Term Voluntary Aid

Usually emergency help in response to a natural disaster

Long Term Voluntary Aid

Sustainabe aid to improve resilience (eg wells to reduce drought effects)

Advantage of ODA aid?

Money targeted to poorer countries

Disadvantage of ODA aid?

Paid by taxes - not always popular with taxpayers

Advantage of voluntary aid?

Targeted to reach most in need

Disadvantage of voluntary aid?

Money supply may be inconsistent

Why does Nigeria require aid?

Inequalities within Nigeria, mean that many are living in poverty

What are the Millenium Development goals?

A set of 8 goals that the UN set in 2000 aiming to be achieved by 2015

What did Nigeria gain from the Millenium Development Goals?

$2.5 billion of ODA - around $12 per person

From 2009 to 2013, what were introduced?

60 million mosquito nets (multilateral aid) funded by the World Bank

Why did Nigeria experience a debt crisis?

After Nigeria gained its independence, it began to invest in infrastructure. An economic slump meant that Nigeria had to borrow money and the country ends up in debt. Nigeria becomes the most indebted African country

What was done to manage the debt crisis?

In 2005, Nigerias debt was cancelled by the leaders of HICs. This stimulated economic growth enabling Nigeria to become one of Africas largest economies

Why might aid given to a country not be used effectively?

Corrupt leaders, political influence dictating what money is spent on