First World, Third World

  • Authors
  • William┬áRyrie

Table of contents

  1. Front Matter
    Pages i-xvii
  2. William Ryrie
    Pages 35-55
  3. William Ryrie
    Pages 56-73
  4. William Ryrie
    Pages 74-93
  5. William Ryrie
    Pages 94-107
  6. William Ryrie
    Pages 108-131
  7. William Ryrie
    Pages 132-158
  8. William Ryrie
    Pages 159-182
  9. William Ryrie
    Pages 183-197
  10. William Ryrie
    Pages 198-212
  11. William Ryrie
    Pages 213-231
  12. William Ryrie
    Pages 232-235
  13. Back Matter
    Pages 236-253

About this book


This new updated and extended edition of First World, Third World examines the failures of aid to eliminate poverty. The world development effort can claim only limited success, and in some parts of the world, especially Africa, failure must be recognised. William Ryrie, while starting from a position of sympathy with the aims of the aid effort, insists that the record must be analysed with ruthless honesty. Well-intentioned aid has often had perverse and harmful effects. One of these has been to undermine the working of the market economy, which offers the best hope for development and growth. His book proposes a new approach to the development task which would reconcile it with market philosophies.


capital capitalism development economy finance growth international finance poverty success

Bibliographic information

Industry Sectors
Finance, Business & Banking