Official development assistance (ODA) is a term coined by the Development Assistance Committee of the Organisation for Economic Co-operation and Development to measure aid. The DAC first used the term in 1969. It is widely used as an indicator of international aid flow. It includes some loans.
Read more about Official Development Assistance: Definition, Uses, Distribution, Criticism
Famous quotes containing the words official, development and/or assistance:
“Our medieval historians who prefer to rely as much as possible on official documents because the chronicles are unreliable, fall thereby into an occasionally dangerous error. The documents tell us little about the difference in tone which separates us from those times; they let us forget the fervent pathos of medieval life.”
—Johan Huizinga (1872–1945)
“Creativity seems to emerge from multiple experiences, coupled with a well-supported development of personal resources, including a sense of freedom to venture beyond the known.”
—Loris Malaguzzi (20th century)
“Surely life, if it be not long, is tedious, since we are forced to call in the assistance of so many trifles to rid us of our time, of that time which never can return.”
—Samuel Johnson (1709–1784)