What does development aid mean?

Definitions for development aid
de·vel·op·ment aid

This dictionary definitions page includes all the possible meanings, example usage and translations of the word development aid.


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Wikipedia

  1. Development aid

    Development aid is a type of foreign/international/overseas aid given by governments and other agencies to support the economic, environmental, social, and political development of developing countries. Closely-related concepts include: developmental aid, development assistance, official development assistance, development policy, development cooperation and technical assistance. It is distinguished from humanitarian aid by aiming at a sustained improvement in the conditions in a developing country, rather than short-term relief. Development aid is thus widely seen as a major way to meet Sustainable Development Goal 1 (end poverty in all its forms everywhere) for the developing nations. Aid may be bilateral: given from one country directly to another; or it may be multilateral: given by the donor country to an international organisation such as the World Bank or the United Nations Agencies (UNDP, UNICEF, UNAIDS, etc.) which then distributes it among the developing countries. The proportion is currently about 70% bilateral 30% multilateral.About 80% of the aid measured by the OECD comes from government sources as official development assistance (ODA). The remaining 20% or so comes from individuals, businesses, charitable foundations or NGOs (e.g., Oxfam). Most development aid comes from the Western industrialised countries but some poorer countries also contribute aid. Development aid is not usually understood as including remittances received from migrants working or living in diaspora—even though these form a significant amount of international transfer—as the recipients of remittances are usually individuals and families rather than formal projects and programmes. Some governments also include military assistance in the notion of "foreign aid", although the international community does not usually regard military aid as development aid.

Wikidata

  1. Development aid

    Development aid is financial aid given by governments and other agencies to support the economic, environmental, social and political development of developing countries. It is distinguished from humanitarian aid by focusing on alleviating poverty in the long term, rather than a short term response. The term development cooperation, which is used, for example, by the World Health Organization is used to express the idea that a partnership should exist between donor and recipient, rather than the traditional situation in which the relationship was dominated by the wealth and specialized knowledge of one side. Most development aid comes from the Western industrialised countries but some poorer countries also contribute aid. Aid may be bilateral: given from one country directly to another; or it may be multilateral: given by the donor country to an international organisation such as the World Bank or the United Nations Agencies which then distributes it among the developing countries. The proportion is currently about 70% bilateral 30% multilateral.

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Numerology

  1. Chaldean Numerology

    The numerical value of development aid in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of development aid in Pythagorean Numerology is: 1

Examples of development aid in a Sentence

  1. Finance Minister Ravi Karunanayake:

    We are also asking for development aid (from the IMF), we are asking as a new government that has come in. We want to try and reduce the gap because our debt amortization is roughly about 1.3 trillion Sri Lankan rupees ($9.8 billion) a year.

  2. Angela Merkel:

    That means development aid, but also legal channels (for immigration), study places, places for skilled labor, and that must be a new partnership with Africa.


Translations for development aid

From our Multilingual Translation Dictionary

  • EntwicklungshilfeGerman
  • auxilium progressioLatin
  • pomoc rozwojowaPolish
  • அபிவிருத்தி உதவிTamil
  • ترقیاتی امدادUrdu
  • 發展援助Chinese

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"development aid." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/development+aid>.

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