US foreign aid trends: A reassessment

Abstract

Two years ago an article of this author appeared in these pages 1 , showing that US economic assistance was rapidly declining and outlining rather a bleak future. Foreign aid was being subjected to a great deal of criticism from both sides of the political spectrum 2 , and a foreign assistance bill had actually been defeated in the US Senate by an “unholy alliance of Old Guard conservatives and ‘dovish’ liberals.” But now the author is inclined to believe that together with greater realism and more reliance on multilateral rather than bilateral aid a modest improvement has taken place during the past couple of years.

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