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Is Foreign Aid an Obstruction to Democracy and Development in the Third World?

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  • M. A. HUSSEINMULLIC

    (Is Foreign Aid an Obstruction to Democracy and Development in the Third World?)

Abstract

Aid was first initiated by the United States during the early Fifties. It was supposed to help the efforts of the peoples of underdeveloped countries to develop their resources and improve their living and working conditions by encouraging the exchange of technical knowledge and skills and the flow of investment capital to countries which provide conditions under which the technical assistance and capital. can effectively contribute to raising standards of living, creating new sources of wealth, increasing productivity and expanding purchasing power,' Furthermore, it was initially meant to prove the superiority of the 'Western' democratic order over Communism.

Suggested Citation

  • M. A. Husseinmullic, 1988. "Is Foreign Aid an Obstruction to Democracy and Development in the Third World?," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 27(4), pages 529-534.
  • Handle: RePEc:pid:journl:v:27:y:1988:i:4:p:529-534
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    File URL: http://www.pide.org.pk/pdf/PDR/1988/Volume4/529-534.pdf
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    Cited by:

    1. M. Aslam Chaudhary & Sabahat Anwar, 2001. "Debt Laffer Curve for South Asian Countries," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 40(4), pages 705-720.

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