This is a study of the effectiveness of aid that the North provides to help the economic development of the South. The author aims to range over the whole area of Western aid, and present the facts of what has and what has not been achieved. This text, and its data, have been fully revised.

Introduction ; The Macroeconomic Contribution of Aid ; Aid and Poverty ; Policy Dialogue ; Performance and Evaluation: Project, Programme, and Food Aid ; Technical Co-operation ; The Systemic Effects of Aid and the Role of Co-ordination ; Aid and Market Forces ; Multilateral-Bilateral Comparisons ; Summary: Conclusions and Recommendations

From reviews of the first edition: `this is a welcome volume which deserves a place on development economics reading lists, while it is also accessible to the general reader' Economica `the aid specialist ... will find many familiar thoughts sensibly expressed, backed with a volume of evidence that was not previously available' Development and Change `comprehensive study ... essentially a specialist study, which usefully avoids the exaggerations of ideology which have often bedevilled the whole debate on aid.' Reconciliation Quarterly `well balanced, impartial and objective' Economic Journal `This book is a valuable contribution to the literature and should help to improve the quality of aid.' International Agricultural Development `the most comprehensive assessment of the work of the largest agencies ever published ... it should change the language of debate' Times Education Supplement `based on probably the most exhaustive study of aid ever undertaken ... their book will become the standard reference on the subject' Economist `the report will stand as a sensible and realistic examination of a difficult subject ... it represents a useful picture of the functioning of the aid business' New Scientist `A very good representation of the underlying theories involved backed by impressive case studies.' Bob Milward, University of Central Lancashire `A welcome update to a core text on the effectiveness of aid.' Dr A. Hall, London School of Economics `Excellent text on the economic impact of aid in LDC economies.' Arabsheibani, University of London `The book gives a comprehensive overview of the various aspects related to aid ... wide range of issues dealt with in detail, and collected in a book which is eminently readable.' Entwicklungspolitik