Banking and Finance

Khaled A. Hussein, Milena Muhadinovic, Jose Antonio, Pedrosa-Garcia , Economic and Social Commission for Western Asia (ESCWA), UN , 2013
Banking and Finance

This paper analyzes foreign aid with regards to Arab countries, considering them both as donors and recipients. Given that Arab assistance is channeled through Arab Development Funds (ADFs), the paper describes the main features of such Funds, the resources they have available, how they work, and the sector allocation of their operations. Arab Official Development Assistance (ODA) has been substantial contributing to the positive results achieved, as the ADFs seem to ensure effectiveness of the aid they channel.

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