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Aid Relationship

In: Essays in Economic Policy and Economic Growth

Author

Listed:
  • I. G. Patel

    (London School of Economics and Political Science)

Abstract

The Pearson Commission (1968–69) was born out of a sense of crisis and despair about development assistance. From its modest beginning in the early 1950s, foreign aid had increased to substantial proportions by the middle of the Development Decade. For the poorer two-thirds of mankind, the decade and a half before the establishment of the commission was a period of rapid awakening and sizeable progress towards modernisation and a sense of national identity and purpose. And yet, the concept of international co-operation for building stable and self-reliant societies began to lose its shine before it had gained any wide-spread currency. Among donors and recipients alike, there was frequent talk of a crisis of confidence, and a feeling of disenchantment with foreign aid. It was against this background that a ‘grand assize’ of internationally eminent persons was summoned to ‘meet together, study the consequences of twenty years of development assistance, assess the results, clarify the errors and propose the policies which will work better in the future’.

Suggested Citation

  • I. G. Patel, 1986. "Aid Relationship," Palgrave Macmillan Books, in: Essays in Economic Policy and Economic Growth, chapter 14, pages 195-211, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-18358-6_15
    DOI: 10.1007/978-1-349-18358-6_15
    as

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