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Give and Take
David Sogge
Price: $ 17.5

Foreign aid has existed for fifty years. Billions are spent each year. Tens of thousands employed. The purpose is ostensibly selfless and benign. And some Third World countries depend on it to a remarkable extent. Yet as this introduction shows, it is hardly without controversy. Does money actually flow to the South once collapsing prices for Third World exports, past debts, repatriated profits and corruption have been accounted for? How much aid, anyway, should there be? Does the imposition of terms imply neo-colonialism? Is there a possible meeting of minds - between Northern governments and international financial institutions like the World Bank on the one hand, and the developing countries on the other? Can we think of an aid system for the new century -- democratic in its execution, effective in its impact, adequate in scale, just in its consequences? Aid is a question that concerns all of us, financially and morally.

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