Oda the Official Development Assistance

ODA

The Official development assistance (ODA) has been created as a mean to help countries in course of development or the countries which were in a state of crisis. Subsequent to the World War II, the organization has been formed with the motive of stopping eastern European countries from being drawn into the communist block due to their poverty. Initially, the ODA has been regarded as being beneficial for the respective countries and for the world generally. However, in time, the organization has attracted some criticism, as it has been revealed that the foreign aid the ODA gives is often conditioned.

In order for ODA to aid countries in need of assistance, most of the donor countries clearly state that the country which is assisted should only buy products from where the assistance is provided. One can understand that the donor country is meaning to get some advantages for the fact that it provides assistance. but, in fact, this condition forces the poor country into spending the small amount of money that it receives on more expensive resources. Moreover, the respective country cannot control the money that is being donated to it.