The economy of Liberia is extremely underdeveloped, with only $3.222 billion by gross domestic product as of 2019, largely due to the First (1989–1996) and Second Liberian Civil War (1999–2003). Liberia itself is one of the poorest and least developed countries in the world, according to the United Nations.
Though the Ministry of Foreign Affairs (MOFA) is the government agency which is responsible for conducting the foreign relations of Nepal, historically, it is the Office of the Prime Minister (PMO) which has exercised the authority to formulate the country's foreign policies. As a landlocked country wedged between two larger and far stronger powers, Nepal has tried to maintain good relations with both of its neighbors, People's Republic of China and Republic of India. However, the relationship between Nepal and India was significantly hampered by the 2015 Nepal blockade when the Government of Nepal accused India of mimicking "Russia-Ukraine" tactics by using ethnically Indian residents of Nepal to cause unrest along Nepal's southern border. India denied the allegation and said the unrest were an internal affair. For the most part though, Nepal has traditionally maintained a non-aligned policy and enjoys friendly relations with its neighboring countries and almost all the major countries of the world.
China, officially the People's Republic of China (PRC), has full diplomatic relations with 180 out of the other 192 United Nations member states, Cook Islands, Niue and the State of Palestine. As of 2024, China has had the most diplomatic missions of any state.
The Alliance for Progress was an initiative launched by U.S. President John F. Kennedy on March 13, 1961, that aimed to establish economic cooperation between the U.S. and Latin America. Governor Luis Muñoz Marín of Puerto Rico was a close advisor on Latin American affairs to Kennedy, and one of his top administrators, Teodoro Moscoso, the architect of "Operation Bootstrap", was named the coordinator of the program by President Kennedy.
The Gross National Income (GNI), previously known as Gross National Product (GNP), is the total domestic and foreign financial output claimed by the residents of a country, consisting of Gross Domestic Product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.
Development aid is a type of aid given by governments and other agencies to support the economic, environmental, social, and political development of developing countries. It is distinguished from humanitarian aid by aiming at a sustained improvement in the conditions in a developing country, rather than short-term relief. The overarching term is foreign aid. The amount of foreign aid is measured though official development assistance (ODA). This is a category used by the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to measure foreign aid.
Japan emerged as one of the largest foreign aid donors in the world during the 1980s.
Historically, Venezuela has been categorized as one of the most successful countries in Latin America specifically during its democratic period between 1958 and 1999. As the wealthiest country in this region and an OPEC member, Venezuela has been more frequently a donor than a recipient of foreign assistance. Its economic dependency on oil resources was the main reason why this reputation reached the international public sphere. The effectiveness of oil revenues has had a huge impact on public expenditure and, as a result, a double-sword mechanism for the government to choose between an effective role for this institution towards a welfare state and clientelism.
Haiti—an island country 600 miles off the coast of the U.S. state of Florida—shares the Caribbean island of Hispaniola with the Dominican Republic. Haiti has received billions in foreign assistance, yet persists as one of the poorest countries and has the lowest human development index in the Americas. There have been more than 15 natural disasters since 2001 including tropical storms, flooding, earthquakes and hurricanes. The international donor community classifies Haiti as a fragile state. Haiti is also considered a post-conflict state—one emerging from a recent coup d'état and civil war.
The World Bank’s assistance program of foreign aid to Vietnam has three objectives: to support Vietnam's transition to a market economy, to enhance equitable and sustainable development, and to promote good governance. From 1993 through 2004, Vietnam received pledges of US$29 billion of Official Development Assistance (ODA), of which about US$14 billion, or 49 percent, has been disbursed. In 2004 international donors pledged ODA of US$2.25 billion, of which US$1.65 billion was disbursed. Three donors accounted for 80 percent of disbursements in 2004: Japan, the World Bank, and the Asian Development Bank. During the period 2006–10, Vietnam hopes to receive US$14 billion–US$15 billion of ODA.
Nepal relies heavily on foreign aid, and donors coordinate development aid policy through the Nepal Development Forum, whose members include donor countries, international financial institutions, and inter-governmental organizations. Japan is Nepal's largest bilateral aid donor, and the World Bank and Asian Development Bank are the largest multilateral donors. Donors have been reported as losing confidence in Nepal as a result of political interference and corruption in poverty relief efforts as well as the country's apparently poor capacity to utilize aid. According to World Bank figures, official development assistance increased from US$8.2 million in 1960 to US$369 million in 2003 and then fell to US$177 million in 2004. According to Nepal's Ministry of Finance, total foreign aid committed in fiscal year (FY) 2003 was US$555 million, with 63.3 percent in grants and 36.7 percent in loans. In FY2004, total foreign aid committed was US$320 million, of which 37.7 percent was grants and 62.3 percent, loans. In June 2004, active World Bank credits totaled US$302 million, with the greatest portions allocated to the financial sector and to energy and mining. By the end of 2012, the outstanding World Bank IDA loan totaled $ 1.48 billionArchived 2015-05-05 at the Wayback Machine.
The North Korean famine, also known as the Arduous March, was a period of mass starvation together with a general economic crisis from 1994 to 1998 in North Korea. During this time there was an increase in defection from North Korea which peaked towards the end of the famine period.
Mozambique – United States relations are bilateral relations between Mozambique and the United States.
Since the 1980s Saudi Arabia has provided foreign assistance to many countries and organizations.
United States foreign aid, also known as US foreign assistance consists of a variety of tangible and intangible forms of assistance the United States gives to other countries. Foreign aid is used to support American national security and commercial interests and can also be distributed for humanitarian reasons. Aid is financed from US taxpayers and other revenue sources that Congress appropriates annually through the United States budget process. It is dispersed through "over 20 U.S. government agencies that manage foreign assistance programs," although about half of all economic assistance is channeled through the United States Agency for International Development (USAID).
Bilateral relations between Belize and Republic of China (Taiwan) have been maintained since 1989. Belize has adhered to the One China policy where it is one of the few countries that recognizes the ROC government as the sole legitimate government of "China" instead of the People's Republic of China (PRC) on the mainland.
Albania and China established diplomatic relations on November 23, 1949. Albania has an embassy in Beijing and China has an embassy in Tirana.
Chinese foreign aid may be considered as both governmental (official) and private development aid and humanitarian aid originating from the People's Republic of China (PRC).
China originally joined the World Bank Group (WBG) on December 27, 1945. However, after the Chinese Civil War, the World Bank recognized the Republic of China as its member, until the relationship ended in 1980, when the membership was replaced by the People's Republic of China. The People's Republic of China (PRC) did not become involved with the World Bank group until 1980, when it first joined the World Bank in April due to the market reforms known as reform and opening-up. Prior to the economic reform and its relation with the World Bank, according to CRS, "China maintained policies that kept the economy very poor, stagnant, centrally controlled, vastly inefficient, and relatively isolated from the global economy". Since its entry into the World Bank, China has transformed into a market-based economy and has experienced rapid economic and social development. Currently, although China has become the world's second largest economy with 1.4 billion population, it still has a close relationship with the World Bank in areas such as poverty, environmental protection and new challenges from the reform.
Indian foreign aid is the aid given by the Indian government to other governments. India's major quantum of foreign aid is given to neighbouring countries. According to India's budget in 2021–22, its direct overseas aid stood at ₹18,154 crore (US$2.2 billion). That apart, India also extended a direct line of credit worth $30.66 billion to several foreign countries for developmental projects. The way of providing a much larger share of aid in the form of concessional loans is quite similar to that of China. India has set up 'Indian Agency for Partnership in Development' as a part of Ministry of External Affairs (India) to channelize aid to recipient nations.
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