When International Debt is given to Third World countries, is it given directly as cash(assuming of course that the country in question adheres[or at least tries to] to whatever guidelines are set for them), or is it provided in the form of securities, stocks, bonds, and various structured financial products?
2007-04-18 05:09:53 · 3 answers · asked by Anthony V 1 in Business & Finance ➔ Other - Business & Finance
As suggested, I would like to clarify that I mean Loans, as I assume that Aid is given in good faith and not expected to be repaid.
2007-04-18 05:17:30 · update #1
It depends..... However usually it is CASH .... by electronic transfer, wire , etc ....
Depending what country is receiving the loans and what country is giving them, they also give out bonds ... not so much stocks ....
Sometimes theses international debt (loans) actually turn into aid and wont be collected or collected fully.... in order to show goodwill or help the most ly 3rd world country out.....
what i consider interesting is the new way of international debt called Micro loans ... company's giving out supersmall amounts of cash like 50, or 100 bugs up to $250 to the people that qualify ( ranges from entrepreneurs in developed countries to housewifes trying to sell their handmade baskets )
I just like this idea and the facts prove that this system works due to the very high re-paid rate !
2007-04-19 22:17:41 · answer #1 · answered by Armenianchick1978 2 · 0⤊ 0⤋
It is electronic cash transfere
2007-04-18 05:17:39 · answer #2 · answered by Anonymous · 0⤊ 1⤋
I am a little confused by your question. Do you mean AID or loans? Please clarify?
Thanks.
You have what sounds like an interesting question.
2007-04-18 05:14:50 · answer #3 · answered by TedEx 7 · 0⤊ 1⤋