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Home > QFINANCE Dictionary > Definition of official development assistance

Definition of

official development assistance

Finance

money made available to emerging country money that the OECD's Development Assistance Committee gives or lends to an emerging country

Recommended Further Reading (Term count)
  • Coping with the Crisis: Risks, Options, and Priorities for Developing Countries
    by Justin Yifu Lin
    Justin Yifu Lin has been the World Bank’s chief economist since June 2008. He is the first person from an emerging market to hold this role since the World Bank was founded over 60 years ago.He was previously professor and founding director of the China Centre for Economic Research at Peking University. Lin, who received his PhD in economics from the University of Chicago in 1986, has written 16 books including The China Miracle: Development...

Definitions of ’official development assistance’ and meaning of ’official development assistance’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’official development assistance’ and other financial terms with our online QFINANCE Financial Dictionary.

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