Grants or Loans? Development Finance and Incentive Effects
Some people think the best way to give aid is through grants. Others advocate aid embedded in subsidized loans. Mostly, incentive effects on donors and recipients are ignored in this debate. But grants and loans carry different incentives and in so...
| Main Authors: | , |
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| Format: | Publications & Research |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2005/03/6040022/grants-or-loans-development-finance-incentive-effects http://hdl.handle.net/10986/11230 |