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University of Michigan Law School

2004

Appropriations

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Development Finance: Beyond Budgetary "Official Development Assistance", Anthony Clunies-Ross Jan 2004

Development Finance: Beyond Budgetary "Official Development Assistance", Anthony Clunies-Ross

Michigan Journal of International Law

Budgetary appropriations by rich-country governments constitute the standard method of providing external funds for welfare and growth in developing countries. This source seems likely, however, to prove inadequate to meet the estimated external finance needed to contribute to the achievement of the Millennium Development Goals.