Preface. I: Some Theoretical Aspects of Foreign Aid. 1. Foreign Aid and Employment Policies in LDCs; P. Hatzipanayotou, M.S. Michael. 2. Altruism, Trade Policy, and the Optimality of Foreign Aid; S. Lahiri, P. Raimondos-Moller. 3. Foreign Aid and the Welfare Cost of Inflation; E. Asem, K.L. Gupta. II: Foreign Aid, Some General Policy Aspects. 4. Foreign Aid and Global Environmental Policies; C. Jepma. 5. International Development Assistance and Food Security; A. Matthews. 6. Is There a Link Between Aid and Trade Flows? An Econometric Investigation; M. McGillivry, et al. 7. Politicising Development? The Role of Participation in the Activities of Aid Agencies; H. White. 8. Technical Expertise and Indigenization; L.S. Wilson. III: Case Studies: The Donor Experience. 9. Danish Aid Policy: Theory and Empirical Evidence; F. Tarp, et al. IV: Case Studies: The Recipient Experience. 10. Can Aid Generate Growth in Africa?; A. Bigsten. 11. Cost Benefit Analysis of Foreign Aid for a Highly Distorted Economy: The Case of Sudan; K. Han, E. Tower. 12. Foreign Assistance and Development in Bangladesh; A.M. Islam. 13. Main Phases and Salient Features of Turkish Foreign Aid Experience; F. Senses. 14. The Macroeconomics of Foreign Aid in Sub-Saharan Africa: Dutch Disease Effects Reconsidered; J. Rattso, R. Torvik. Index.