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15 cards from this deck
When LEDCs rely heavily on foreign assistance for income, reducing motivation to develop own capacity
Reduces motivation to develop own economic capacity
Free/subsidised goods undercut local producers
Cannot compete with free food; sales decline; production weakens
Aid diverted by corrupt officials for personal gain
External groups impose priorities without consulting locals
Aid as loans traps countries in debt cycles
Over $20 billion
$1,420
163rd out of 191 nations
17 (0=highly corrupt, 100=very clean)
171st out of 180 countries
Approximately $4 million
Remittances from overseas Haitians & foreign aid
Transparent governance, grants not loans, build self-sufficiency
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