Foreign Aid Agreements
Philipp Dann, Michael Riegner
- Development — Developing countries
Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.
1 The notion of foreign aid agreement is used to describe agreements that relate to the transfer of resources from a donor to a developing country. It is best understood by reference to the term ‘official development aid’ (‘ODA’) as defined by the Development Assistance Committee (‘DAC’) of the Organization for Economic Co-operation and Development (OECD) . An agreement can thus be considered to pertain to foreign aid if its core subject matter is the transfer of ODA by a donor to a recipient. To qualify as ODA, a flow of resources must meet three criteria: it...