International development association, Microeconomics

INTERNATIONAL DEVELOPMENT ASSOCIATION:

International Development Association (IDA) is an affiliate of the IBRD. It was established in 1960 to provide "soft loans" to economically sound projects which create 'social capital' such as the construction of roads and bridges, slum clearance and urban development. The IDA provides loans for such projects interest-free and for longer periods. Therefore, it is often referred to as the 'soft loan window' of the Bank. Only the poorest of the poor member countries (with per capita income below $895 at 1995 prices) are eligible for assistance. 

India has immensely benefited from the IDA. It has received a series of loans, almost continuously. Most of the assistance has gone to the high development priority projects which could not get finance from other sources. 

Posted Date: 11/15/2012 1:16:36 AM | Location : United States







Related Discussions:- International development association, Assignment Help, Ask Question on International development association, Get Answer, Expert's Help, International development association Discussions

Write discussion on International development association
Your posts are moderated
Related Questions

Q. Explain about Gross Domestic Product? Gross Domestic Product:Value of all the services and goods produced for money in an economy, evaluated at their market prices. Excludes


Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en

REAL BUSINESS CYCLES: The extent of this module is partly indicated in the title. It is about real business cycle (RBC) theory. In addition, it exposes you to New Classical Bu

what are the advantages of monopsony?

Direct Marketing This is a marketing tool designed to elicit instant action from the customer through direct contact.

VIVIDLY EXPLAIN WHAT THE RAWLSIAN SOCIAL WELFARE ENTAILS

Q. What is Joint Stock? Joint Stock: A form of business in which company's assets are jointly divided among a large number of different individual owners, each of whom owns a s

Illustrate about the elasticity of substitution. The Elasticity of Substitution: The technical substitution’s marginal rate measures the slope of an isoquant. As well the el