History of foreign aid

1. Rahanuma Islam
Mithila
Id: 16121035

2. What is foreign aid?
In simple and brief word foreign aid is the
inflow of external resources.
There are huge difference between aid and
capital inflow.

3. A people without the knowledge
of their past history, origin and
culture is like a tree without
roots. .

5. History of foreign aid
19th century:King of Moravia > Emperor
Michael.{ tech. ass}
British colonial development>Marshall
plan>Truman 4 point prg.
In 1960s,the work of USSR
 In 1980s,debt. Crisis>Lost dev.> decade>
WB>IMF>NGOs
In 1990s,aid fatigue>focuses on internal
polices and govt.
In 1970s,Focus of the foreign aid
shifted(WB , ILO)
In 1950s, big push>idea of Rostow and Lewis

6.  19th century:King of Moravia > Emperor
Michael
 British and French colonial welfare and
development.
 In 1812 act of relief .( Food aid from US to
Venezuela)
 In 1929 Colonial development act (bilateral
aid, loans and grants by USA)
 Trumans’ four points program,1949.

7. "we must embark on a bold new program for
making the benefits of our scientific
advances and industrial progress available
for the improvement and growth of
underdeveloped areas. “ ……By United
States President Harry S. Truman

9. In 1950s
 Big push model
 Take off into self sustained growth.
 Ideas of Rostow and Lewis .

10. In 1960s
 Japan, West Germany and Netherlands
came in foreign aid world.
 Various international organization :
BWIs
WB
ADB
IMF
IDA
US
JICA & SIDA etc.

11. In 1970s
 Local and rural development project
 Birth of NGOs
 Basic needs
 ILO in 1970
Investment > agriculture +rural
development+education+health

12. In 1980s
 Lost development decade
 Era of multilateral aid .
 Structural adjustment prog. by
WB & IMF
“govt. is the problem rather than
solution to the under
development”
Ngos, civil sector, small and medium
enterprise………

13. In 1990s
 Aid has remarked as development
problem.
 Reduction of aid amount.
 Conditional aid
 Capacity building

14. In Recent years…………………