The grant element method of measuring the concessionality of loans and debt relief

Organisation for Economic Co-operation and Development2026-04-11 收录

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The grant element is the “gift portion” of a financial transaction. The mathematical technique for arriving at a precise grant element percentage was first proposed by John Pincus of the RAND Corporation in 1963, and developed mathematically by Göran Ohlin of the Development Centre in 1966. Pincus also advocated expressing foreign aid in terms of...

The grant element method of measuring the concessionality of loans and debt relief

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