DVA1502
ASSIGNMENT 5
SEMESTER 2 2025
(Answer Guide)
738083 – Due 16
September 2025
QUESTIONS WITH 100%
VERIFIED AND
CERTIFIED ANSWERS.
,1|Page
DVA1502 ASSIGNMENT 5 SEMESTER 2 2025 (Answer Guide) 738083 – Due 16
September 2025
VERIFIED AND CERTIFIED ANSWERS. WRITTEN IN REQUIRED FORMAT AND WITHIN
GIVEN GUIDELINES. IT IS GOOD TO USE AS A GUIDE AND FOR REFERENCE, NEVER
PLAGARIZE. Thank you and success in your academics.
UNISA, 2025
Contents
Title ..................................................................................................................................................3
Introduction ....................................................................................................................................3
Define “Foreign Aid” (10 marks) ..................................................................................................3
Categories of foreign aid .......................................................................................................4
Importance of a clear definition ............................................................................................4
Role of the IMF, World Bank and BRICS (20 marks)..................................................................5
1. The International Monetary Fund (IMF)............................................................................5
2. The World Bank ..................................................................................................................6
3. BRICS and the New Development Bank (NDB) ...............................................................6
Summary .................................................................................................................................7
Advantages of Foreign Aid (30 marks) .......................................................................................7
1. Poverty Reduction and Human Development .................................................................7
2. Humanitarian Assistance and Crisis Relief.....................................................................8
3. Infrastructure Development ..............................................................................................8
4. Institutional Capacity and Governance Support ............................................................8
5. Economic Stabilisation and Policy Reform.....................................................................9
6. Leveraging Private Investment .........................................................................................9
7. Global Solidarity and Cooperation ...................................................................................9
Summary ............................................................................................................................... 10
Disadvantages of Foreign Aid (30 marks) ................................................................................ 10
1. Dependency and Reduced Self-Reliance ...................................................................... 10
2. Debt Burden and Sustainability Issues ......................................................................... 11
3. Conditionality and Sovereignty Concerns .................................................................... 11
4. Corruption and Elite Capture .......................................................................................... 11
5. Market Distortion and Inefficiency ................................................................................. 12
, 2|Page
6. Poor Project Design and Limited Effectiveness ........................................................... 12
7. Donor Interests and Geopolitical Agendas ................................................................... 12
8. Questionable Impact on Growth ..................................................................................... 13
Summary ............................................................................................................................... 13
Synthesis ...................................................................................................................................... 13
Conclusion.................................................................................................................................... 14
References .................................................................................................................................... 14
ASSIGNMENT 5
SEMESTER 2 2025
(Answer Guide)
738083 – Due 16
September 2025
QUESTIONS WITH 100%
VERIFIED AND
CERTIFIED ANSWERS.
,1|Page
DVA1502 ASSIGNMENT 5 SEMESTER 2 2025 (Answer Guide) 738083 – Due 16
September 2025
VERIFIED AND CERTIFIED ANSWERS. WRITTEN IN REQUIRED FORMAT AND WITHIN
GIVEN GUIDELINES. IT IS GOOD TO USE AS A GUIDE AND FOR REFERENCE, NEVER
PLAGARIZE. Thank you and success in your academics.
UNISA, 2025
Contents
Title ..................................................................................................................................................3
Introduction ....................................................................................................................................3
Define “Foreign Aid” (10 marks) ..................................................................................................3
Categories of foreign aid .......................................................................................................4
Importance of a clear definition ............................................................................................4
Role of the IMF, World Bank and BRICS (20 marks)..................................................................5
1. The International Monetary Fund (IMF)............................................................................5
2. The World Bank ..................................................................................................................6
3. BRICS and the New Development Bank (NDB) ...............................................................6
Summary .................................................................................................................................7
Advantages of Foreign Aid (30 marks) .......................................................................................7
1. Poverty Reduction and Human Development .................................................................7
2. Humanitarian Assistance and Crisis Relief.....................................................................8
3. Infrastructure Development ..............................................................................................8
4. Institutional Capacity and Governance Support ............................................................8
5. Economic Stabilisation and Policy Reform.....................................................................9
6. Leveraging Private Investment .........................................................................................9
7. Global Solidarity and Cooperation ...................................................................................9
Summary ............................................................................................................................... 10
Disadvantages of Foreign Aid (30 marks) ................................................................................ 10
1. Dependency and Reduced Self-Reliance ...................................................................... 10
2. Debt Burden and Sustainability Issues ......................................................................... 11
3. Conditionality and Sovereignty Concerns .................................................................... 11
4. Corruption and Elite Capture .......................................................................................... 11
5. Market Distortion and Inefficiency ................................................................................. 12
, 2|Page
6. Poor Project Design and Limited Effectiveness ........................................................... 12
7. Donor Interests and Geopolitical Agendas ................................................................... 12
8. Questionable Impact on Growth ..................................................................................... 13
Summary ............................................................................................................................... 13
Synthesis ...................................................................................................................................... 13
Conclusion.................................................................................................................................... 14
References .................................................................................................................................... 14
