Western Financial Assistance to the Developing World

This unconventional book addresses the imbalance of power between countries that give and receive funds for international financial development, with particular attention to the outcomes and impacts of this imbalance on recipient countries. It provides an in-depth analysis of the perceptions that population segments of recipient countries have of the power plays inherent in giving and receiving financial assistance, delving deep into the factors that affect these perceptions to examine how and why developed countries wield power over countries receiving financial assistance. While the text focuses primarily on African countries, it also addresses the broader power imbalance between developed countries in the global north and developing countries in the global south. It also examines perceptions of development assistance and power imbalance between the global south in general and the BRICS countries which provide assistance to the global south in particular. This book is an ideal tool for those studying the socioeconomic impacts of international financial assistance to developing countries.

Autorentext
Before he retired, Chuku-Dinka R. Spencer was Director of Agriculture and Rural Development Department for West and Central Africa at the African Development Bank. He has written several articles on agriculture for the Bank of Sierra Leone Monthly Economic Review, as well as a previous book, Politics, Agricultural Development, and Conflict Resolution: An In-Depth Analysis of the Moyen Bani Programme in Mali.

Inhalt
Foreword by Bedoumra Kordjé.- 1 Introduction: A Sense of the Context.- 2 Conceptual and Key Issues.- 3 Understanding the Exercise of Power.- 4 Appreciating Perception and Power.- 5 Perceptions, Outcomes, and Power: Positives and Negatives.- 6 Conclusions.