This book is the first legal treatment of tied aid and examines in
detail the compatibility of tied aid with EU and WTO law. The
workings of the aid projects and aid procurement systems of donor
countries granting bilateral aid are fully examined through case
studies from the UK, Italy, the EU and the US. Tied aid refers to
aid granted to developing countries on condition that goods and
services for the aid-financed projects are purchased from the donor
country only. The recipient country, in order to receive the grant
or the loan, has no other choice but to fulfil the condition
imposed by the donor. Economists have shown that tying aid
undermines the effectiveness of aid. It leads to higher costs paid
for the goods and services purchased and the distortion of the
nature of the aid. Further, tying frustrates the potential of aid
to foster trade between developing countries - in many of these
countries public bodies and, in particular, aid-financed projects
are major potential outlets for trade between neighbouring states.
The importance of tied aid has been pointed out in economic
literature but there is surprisingly little written on the legal
aspects of tied aid practices and this book seeks to fill this
major gap in the literature. The book is of interest to academics
in the field of EU and WTO law, NGOs and practitioners working both
in the field of public procurement and development policies.
General
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