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The Estimation of the Grant Element of Loans Reconsidered

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  • Ibrahim Hassan Yassin

    (University of Gezira, Sudan.)

Abstract

This paper examines critically the formulae which are frequently used in the calculations of the grant element of loans. Given the formula derived by Beenhakker (1976), which has been expanded into a more general form, the grant element of foreign assistance received by the Sudan during the period 1958—1979 is calculated. The grant element was found to be low, reflecting hard terms of borrowing.

Suggested Citation

  • Ibrahim Hassan Yassin, 1989. "The Estimation of the Grant Element of Loans Reconsidered," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 28(2), pages 121-132.
    • Handle: RePEc:pid:journl:v:28:y:1989:i:2:p:121-132
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    File URL: http://www.pide.org.pk/pdf/PDR/1989/Volume2/121-132.pdf
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    Cited by:

    1. Ibrahim Hassan Yassin, 1991. "Aid-tying and the Real Value of Foreign Assistance: The Case of the Sudan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 30(2), pages 189-206.

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