Aid And Power - Vol 1

This book is about the debate that took place between different aid organizations and development circles about the use of conditional aid. The book was revised to reflect the changes that took place within the Bank and the extension of policy-based lending to the formerly socialist economies of east and central Europe.

When the major aid organizations made flows of aid conditional on changes in policy, they prompted an extensive debate in development circles. This edition has been revised to take account of those especially changes within the Bank itself and the extension of policy-based lending to the formerly socialist economies of east and central Europe.