Key Concepts in International Development and Economics
ODA: Official Development Assistance
Official Development Assistance (ODA) is the economic contribution of states to development, free of charge, or better than those offered by the international market, even though it has many limitations, such as insufficiency.
Economic Globalization
This type of globalization implies global interdependence in the production, exchange, and consumption of goods.
Multinational Corporations
These are product/service companies based in one country with affiliates in various states across the globe. They act with a global strategy.
IGIEA: Index of Governance of the International Economy
This index measures the capacity and legitimacy of each country to participate in the governance of the global economy in the economic...