Development aid of the European Union

The main goal of this bachelor thesis is to describe mutual relations among the European Union and developing countries in the wider and narrower context. These relations are under the European Union Development Policy. The first part of this thesis aims on definition of basic terms. It defines developing economies and even the forms of developing assistance and specifies targets of foreign aid to which advanced economies are trying to get closer. The second part focuses on Developing Policy of the European Union, its history, institucional and financial framework. It also enquires the types of programmes and indicates the developing aid from a global perspective through comparison with other developed countries of the world. The third part is about aid projects, their life cycle and the evaluation of development aid effectiveness as a whole complex. The thesis ends with the list of recommendations that are necessary to achieve higher effectiveness of foreign aid administration.