It is clear from the implications of growth theory that the impact of aid depends on how it affects savings, investment and government behaviour. In respect of low-income countries, which are the principal aid recipients and the economies for which the issue of the impact of aid on growth is...

This text provides a critical interdisciplinary introduction to the theory, practice and study of development. The thoroughly revised and updated new edition takes account of the impact of the global financial crisis, the economic rise of China and India and the further ramifications of global...