Open AccessThe Estimation of the Grant Element of Loans Reconsidered
Author(s) -
Ibrahim Hassan Yassin
Publication year - 1989
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v28i2pp.121-132
Subject(s) - element (criminal law) , estimation , economics , econometrics , political science , law , management
This paper examines critically the formulae which arefrequently used in the calculations of the grant element of loans. Giventhe formula derived by Beenhakker (1976), which has been expanded into amore general form, the grant element of foreign assistance received bythe Sudan during the period 1958-1979 is calculated. The grant element·was found to be low, reflecting hard terms of borrowing.