Economic Aid to Underdeveloped Countries

The main purpose of this book is to discuss a number of questions which arise in connection with economic aid. Chapter II sets out the present situation: how much economic aid is provided, in what forms and through what channels, and who are the chief contributors and recipients. Chapter III discusses the view that underdeveloped countries need trade rather than aid. Chapter IV considers the part played by the flow of private capital. The final chapter considers various arguments for and against providing economic aid and draws some conclusions, suggesting that the amount provided should be substantially increased and made more effective.