THE EFFICACY OF DEVELOPMENT ASSISTANCE IN COMPARISON TO TRADE SUPPOR: Opportunities of the Czech Export Bank to enhance the quality of the aid

This thesis concentrates on the examination of the effectiveness of development assistance and its comparison to the effectiveness of the integration of developing countries into foreign trade. The main aim of this study is to determine, whether the effectiveness of development assistance could be increased through closer interconnection with trade support. Consequently, the possibilities of the Czech Export Bank's participation in such arrangements are examined. The dependence of gross domestic product, gross national income per capita and life expectancy at birth on the amounts of development aid received and on the openness of development economies is measured by Pearson's coefficient of correlation and subsequently compared. All indicators were obtained from the databases of the OECD and the WB. The results showed a much more positive connection between openness and the factors examined than they did for the correlation between the amounts of the development aid received and the same indicators. The investigation in the Czech Export Bank revealed various opinions, it certified, however, that a closer connection between development assistance and the business sphere can be advisable. The support of the integration of developing economies into international trade was proven to be effective in a long run and the resources of development assistance should be used to establish the necessary technological and theoretical background to make it happen.