Publisher's Synopsis
How has India benefitted from 30 years of official aid programmes? Michael Lipton and John Toye examine the impact of foreign aid to developing countries, focusing on India as an example of an important recipient country. They evaluate the successes (and some undoubted failures) that foreign aid has contributed to the history of Indian development. Apart from examining the impact of aid at both the macroeconomic and microeconomic levels, they also give special attention to aid as a means of poverty alleviation, to evaluations of aid projects, and to the broader effects of aid on institutions and private sector markets.;This book should be of interest to those concerned with aid policy in governments and financial institutions, economists, political scientists and students of economic development.
