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Aid and Power: The World Bank and Policy-Based Lending

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Aid and Power: The World Bank and Policy-Based Lending - Mosley, Paul, and Toye, John, and Harrigan, Jane
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The international recession of the early 1980s left many less developed countries in a precarious position as their exports demised, private capital flows were sharply reduced and interest rates rose. Major aid donors, in particular The World Bank, responded with a revolution in aid policy - the introduction of structural adjustment lending. Financial flows to developing countries were, increasingly accompanied by demands for changes in policy, generally of a type that reduced the level of governemnt intervention in the ...

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Aid and Power: The World Bank and Policy-Based Lending 1991, Routledge, London

ISBN-13: 9780415015486

Trade paperback

Aid and Power: The World Bank and Policy-Based Lending 1991, Routledge

ISBN-13: 9780415060776

Hardcover