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Foreign aid,new economic order and basic human needs
Authors:Neil Dias Karunaratne
Institution:1. University of Queensland, St. Lucia, Brisbane, Australia
Abstract:The maldevelopments due to aid-tied growth-maximisation strategies of the past decades have led to cynicism, and sometimes downright opposition to aid donation by taxpayers in the industrialised countries. On the other hand, radicals in the developing countries view aid as a Trojan horse to perpetuate neo-colonialism and dependency. Dr. Karunaratne reviews the shortcomings of conventional aid and presents a package of proposals for a reformed aid strategy.
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