ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

THE LDCs-Learning to Do without Aid

developed countries is shifting away from the third world, just because of their growing interest in prodding the countries of eastern Europe, including the Soviet Union, to restructure their economies is a subject calling for close scrutiny. The developed world's interest in the third world's economic development had been on the wane already. The latest figures put out by OECD confirm this trend. Aid to the developing countries fell in 1989 by 2 per cent in real terms, with the result that the level of aid by the rich countries dropped in 1989 to 0.33 per cent of their GNP

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top