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3 Cards in this Set
- Front
- Back
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Market-led strategies |
policies that are designed to minimize the role of the government and to maximize the free operation of supply and demand in the market |
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Interventionist strategies |
policies involving an active role by the government and manipulation of the workings of the markets in the economy |
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Aid |
Any flow of capital (grants or loans) from developed to developing countries that is non-commercial from the point of view of the donor and for which the terms are concessional (that is, the interest rate is lower than the market rate and the repayment period longer). |
