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The Consortia Technique
Published online by Cambridge University Press: 22 May 2009
Extract
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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- Copyright © The IO Foundation 1968
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1 The fault is not in the organization itself but in the member governments' reluctance to commit themselves to a delegation of aid decisions.
2 In fact it does not come up to it either: Two dollars of aid per head of population is markedly less than aid to some other smaller countries with lower national development effort.
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