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1998 | OriginalPaper | Chapter

International Development Assistance

Author : Ramesh F. Ramsaran

Published in: An Introduction to International Money and Finance

Publisher: Palgrave Macmillan UK

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Aid is much more than just a carefully administered flow of resources. It is a basis for contemporary international relationships, both political and commercial. It is a conduit of goodwill, as well as of influence; a source of dynamism, and dependence; a promoter of new orders, and preserver of old ways. It represents ‘business’ for development and commercial banks, for exporters in the donor countries and importers in the recipient countries.1

Metadata
Title
International Development Assistance
Author
Ramesh F. Ramsaran
Copyright Year
1998
Publisher
Palgrave Macmillan UK
DOI
https://doi.org/10.1007/978-1-349-26356-1_7