The paper argues that over the years aid has lost its initial “developmental purpose” which was to help developing countries to overcome structural constraints on their mobilisation of domestic resources or conversion of these resources into investment. This shows up in the low levels of...

Professor Thandika Mkandawire, the first to hold the Chair in African Development at the London School of Economics, delivered the thirty-second in the Aggrey-Fraser-Guggisberg Memorial Lecture series at the University of Ghana in 2013. In these lectures, combining with and imagination with...