The Consortia Technique

International organization of aid presents two basic difficulties: 1) Major economic development aid should best be conceived as a supplement to total national development effort, not to single parts of it. This means that a program approach rather than a project approach should be applied in financ...

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Published in:International organization 1968, Vol.22 (1), p.223-230
Main Author: Rosenstein-Rodan, Paul N.
Format: Article
Language:English
Subjects:
Developing countries
Economic development
Financial investments
Foreign aid
International agreements
International development
International loans
International organizations
International political organizations
Multilateral aid
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description International organization of aid presents two basic difficulties: 1) Major economic development aid should best be conceived as a supplement to total national development effort, not to single parts of it. This means that a program approach rather than a project approach should be applied in financing. Only a program can show whether projects are additional and optimal. While every program must be spelled out in projects, the sum total of individually worked out projects will not add up to a program.
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ispartof International organization, 1968, Vol.22 (1), p.223-230
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1531-5088
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source JSTOR Journals and Primary Sources; Cambridge University Press:JISC Collections:Full Collection Digital Archives (STM and HSS) (218 titles)
subjects Developing countries
Economic development
Financial investments
Foreign aid
International agreements
International development
International loans
International organizations
International political organizations
Multilateral aid
title The Consortia Technique
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