Multilateral Versus Bilateral Aid: An Old Controversy Revisited

Abstract

At the beginning of the 1960's an unsophisticated observer—meaning, of course, someone other than the reader—might have concluded that, in the United States at least, the long-standing controversy over multilateral versus bilateral aid had been laid to rest. The funeral oration had been pronounced by no less a personage than President Eisenhower when he addressed the General Assembly of the United Nations in September 1960. He went right down the line for multilateral assistance via UN channels.

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