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- Counterpart_fund abstract "A counterpart fund is a technique for turning foreign aid into reserves of domestic currency. They were used by the UNRRA, and the Marshall Plan in the rebuilding of Western Europe after the Second World War, and today remain a common technique for delivering developmental assistance.One method of setting up a counterpart fund is to have businesses in the country receiving aid that want to import a commodity place an order with their government and pays for the import in their local currency. The government then uses some of their foreign assistance, still in the foreign currency, to pay for the goods. This makes importing far easier as the unstable currencies in developing nations are often of little international value. Agreements are also usually signed so that these imports can only come from the nation that gave the aid, benefiting the donor's export industry. Another method is for goods to be donated to a developing nation's government and for them to then sell the goods to the population, and use the proceeds to set up a fund.The recipient government is also then left with the original payment in its domestic currency. These payments are amalgamated into a fund that is used to further fund development. This can take the form of investments in infrastructure or industry, paying down the debt or deficit, or stabilizing the currency. The investment of these funds can take the form of loans rather than grants, creating a permanent pool of investment capital. For instance, Germany's Marshall Plan counterpart funds were used to set up such an investment fund, and it is still in operation today.".
- Counterpart_fund wikiPageID "2606687".
- Counterpart_fund wikiPageLength "1892".
- Counterpart_fund wikiPageOutDegree "6".
- Counterpart_fund wikiPageRevisionID "679215904".
- Counterpart_fund wikiPageWikiLink Aid.
- Counterpart_fund wikiPageWikiLink Category:Development.
- Counterpart_fund wikiPageWikiLink Category:International_economics.
- Counterpart_fund wikiPageWikiLink Foreign_aid.
- Counterpart_fund wikiPageWikiLink Marshall_Plan.
- Counterpart_fund wikiPageWikiLink Second_World_War.
- Counterpart_fund wikiPageWikiLink UNRRA.
- Counterpart_fund wikiPageWikiLink United_Nations_Relief_and_Rehabilitation_Administration.
- Counterpart_fund wikiPageWikiLink World_War_II.
- Counterpart_fund wikiPageWikiLinkText "counterpart fund".
- Counterpart_fund hasPhotoCollection Counterpart_fund.
- Counterpart_fund wikiPageUsesTemplate Template:Refimprove.
- Counterpart_fund wikiPageUsesTemplate Template:Reflist.
- Counterpart_fund subject Category:Development.
- Counterpart_fund subject Category:International_economics.
- Counterpart_fund hypernym Technique.
- Counterpart_fund type Article.
- Counterpart_fund type Software.
- Counterpart_fund type Article.
- Counterpart_fund type Relation.
- Counterpart_fund type Socioeconomic.
- Counterpart_fund comment "A counterpart fund is a technique for turning foreign aid into reserves of domestic currency. They were used by the UNRRA, and the Marshall Plan in the rebuilding of Western Europe after the Second World War, and today remain a common technique for delivering developmental assistance.One method of setting up a counterpart fund is to have businesses in the country receiving aid that want to import a commodity place an order with their government and pays for the import in their local currency.".
- Counterpart_fund label "Counterpart fund".
- Counterpart_fund sameAs Fons_contravalor.
- Counterpart_fund sameAs 대충자금.
- Counterpart_fund sameAs m.07r9h9.
- Counterpart_fund sameAs Q4896134.
- Counterpart_fund sameAs Q4896134.
- Counterpart_fund wasDerivedFrom Counterpart_fund?oldid=679215904.
- Counterpart_fund isPrimaryTopicOf Counterpart_fund.