Economic aid and international cost sharing
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An analysis of the factors that determine the nature of international cost-sharing arrangements, with emphasis on sharing the costs of economic aid to underdeveloped countries. Discussed are (1) the relation between external assistance and economic growth; (2) measurement of economic aid costs; and (3) the relation between commodity policy and economic aid. Supply and distribution of economic aid costs, the degree to which they meet the criteria of adequacy, efficiency, and equity, and methods that can be used to increase equitably the flow of resources from rich to poor countries are investigated.
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