Tied
Tied may mean: *of a game, with the score equal or inconclusive, see Tie (draw) *of goods, sold as a mandatory addition to another purchase, see Tying (commerce) *of foreign aid, granted on the condition that it is spent in a given country, see Tied aid *of a dwelling, rented in exchange for work, see Tied cottage *of a pub, required to source from a given brewery, see Tied house *of two musical notes, played as a single note, see Tie (music) *of a knot, fastened *of a person, wearing a necktie See also * * * Tie (other) * Tide (other) * Tiede (other) Tiede may refer to: * ''Tiede'', a Finnish popular science magazine * Bernie Tiede (born 1958), American mortician and murderer * Herbert Tiede (1915–1987), German actor * Tiede Herrema In October 1975, Dutch businessman Tiede Herrema (21 ...

Tied Aid
Tied aid is foreign aid that must be spent on products & services provided by companies that are from the country providing the aid (the donor country) or in a group of selected countries. A developed country will provide a bilateral loan or grant to a developing country, but mandate that the money be spent on goods or services produced in the selected country. From this it follows that untied aid has no geographical limitations. In 2006, the Organisation for Economic Co-operation and Development (OECD) estimated that 41.7 percent of Official Development Assistance is untied.OECD. (2006). ''2005 Development Co-operation Report''. Volume 7, No. 1. Paris: OECD. Available for downloadOECD Journal on Development, Development Co-operation Report 2005/ref> Definition The full definition of ''tied aid'' as defined by OECD is: Tied aid credits are official or officially supported Loans, credits or Associated Financing packages where procurement of the goods or services involved is l ...
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