Abstract
More than two decades of aid projects and alliances have brought the idea of development through foreign assistance to the nadir of its popularity. Soaring promises and expectations have given way to growing criticism, cynicism and disappointment. The stunning lesson of recent history is not that economic progress has been lacking, but that whatever progress has occurred has been so very much less than the grandiose predictions that seemed to accompany every launching of every new project.
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© 1973 International Economic Association
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Arndt, S.W. (1973). The Role of World Trade Policy: the View from the Advanced Countries. In: Urquidi, V.L., Thorp, R. (eds) Latin America in the International Economy. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-01728-7_4
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DOI: https://doi.org/10.1007/978-1-349-01728-7_4
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