Untied Aid is assistance given to developing countries which can be used to purchase goods and services in virtually all countries. It is contrasted with tied aid which stipulates that goods and services bought with it can only be purchased from the donor country or from a limited selection of countries.
Read more about Untied Aid: Reasons For Using Untied Aid, See Also
Famous quotes containing the words untied and/or aid:
“That when that knot’s untied that made us one,
I may seem thine, who in effect am none.
And if I see not half my dayes that’s due,
What nature would, God grant to yours and you;”
—Anne Bradstreet (c. 1612–1672)
“Frustrate a Frenchman, he will drink himself to death; an Irishman, he will die of angry hypertension; a Dane, he will shoot himself; an American, he will get drunk, shoot you, then establish a million dollar aid program for your relatives. Then he will die of an ulcer.”
—Stanley Rudin. The New York Times (August 22, 1963)