The international recession of the early 1980s left many less developed countries in a precarious position as their exports demised, private capital flows were sharply reduced and interest rates rose. Major aid donors, in particular The World Bank, responded with a revolution in aid policy - the introduction of structural adjustment lending. Financial flows to developing countries were, increasingly accompanied by demands for changes in policy, generally of a type that reduced the level of governemnt intervention in the ...
Read More
The international recession of the early 1980s left many less developed countries in a precarious position as their exports demised, private capital flows were sharply reduced and interest rates rose. Major aid donors, in particular The World Bank, responded with a revolution in aid policy - the introduction of structural adjustment lending. Financial flows to developing countries were, increasingly accompanied by demands for changes in policy, generally of a type that reduced the level of governemnt intervention in the economy. This book examines what this has meant, both for The World Bank and for the recipients of aid. The bargaining process determining the level of aid and the conditions attached to it has become more complicated and in practice, The World Bank has not been in as strong a position as might be imagined. The Bank has been keen to disburse the money which is available to it in the form of aid and to implement its conditions; recipient countries have frequently only been keen to receive the money. If the Bank retaliates when its conditions are not met by withholding money in the future, it threatens its ability to disburse aid. This book should be of interest to lecturers and students of development economics, international relations and the politics of development.
Read Less
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Volume 1. This is an ex-library book and may have the usual library/used-book markings inside. This book has soft covers. Book contains pen & pencil markings. In poor condition, suitable as a reading copy. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 550grams, ISBN: 9780415015486.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Good. Ships from UK in 48 hours or less (usually same day). Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, but in good overall condition. 100% money back guarantee. We are a world class secondhand bookstore based in Hertfordshire, United Kingdom and specialize in high quality textbooks across an enormous variety of subjects. We aim to provide a vast range of textbooks, rare and collectible books at a great price. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. We provide a 100% money back guarantee and are dedicated to providing our customers with the highest standards of service in the bookselling industry.