When the major aid organizations made flows of aid conditional on changes in policy, they prompted an extensive debate in development circles. Aid and Power has made one of the most significant and influential contributions to that debate. This edition has been revised to take account of changes within the World Bank itself and the extension of policy based lending to the formerly socialist eco…
Contents: 1. The UN trade and development debates of the 194os 2. The UN recruits economists 3. Michal Kalecki, the world economic report, and McCarthyism 4. From full employment to economic development 5. The early terms-of-trade controversy 6. ECLA, Industralization, and inflation, etc.