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
what are the benefits of natural resources and industryquestion..

Consider the following linear program in primal form and develop the dual formulation in a detailed manner. Use matrix notation in developing the dual. Clearly express all the dual

Exchange Rate Policy: After the second amendment to the Articles of Agreement of IMF which came into effect on April 1, 1978, every member is free to choose its own exchange r


Individual Demand * The Individual Demand Curve  - Two significant Properties of Demand Curves - 1) The level of utility which can be attained changes while moving along


Q. Natural environment for economics? Environment: The natural environment is an essential aspect of the economy, whose influence is felt in several different ways. Everyone

Question 1: "The rush of new and existing enterprises to exploit the opportunities presented by the internet economy is giving rise to new business models". Discuss. Ques


Data were taken with a Data Acquisition System (DAQ) and stored in the data file 'data.txt'. 'data.txt' is a text file with 3 columns containing the following data: Column 1: Ti