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)
““A man,” said Oliver Cromwell, “never rises so high as when he knows not whither he is going.” Dreams and drunkenness, the use of opium and alcohol are the semblance and counterfeit of this oracular genius, and hence their dangerous attraction for men. For the like reason they ask the aid of wild passions, as in gaming and war, to ape in some manner these flames and generosities of the heart.”
—Ralph Waldo Emerson (1803–1882)