Historical Dictionary of Aid and Development Organizations

Foreign aid, whose growth coincided with the years of the Cold War, is now an accepted part of international relations. This dictionary documents every aspect and phase of aid: the power and influence of the World Bank and IMF; the impact of OPEC; individual government departments responsible for aid; regional and political organizations; the United Nations; and the role of Non-Government Organizations (NG's). In his wide-ranging introduction, Arnold illustrates the development of foreign aid as a policy tool beginning with the U.S. Marshall Plan and the subsequent development, with the Colombo Plan of 1950, of a new principle in international relations: that the rich, developed countries had a duty and a self-interest in providing economic assistance for poor, less developed countries. Includes bibliography and chronology.