This is a comprehensive analysis of the economics of international aid that provides a systematic framework for understanding, planning, and executing aid programs. Though much has been written on different aspects of international aid, this book was the fi rst to synthesize information on all facets of aid and to investigate the consequences, for both donor and recipient nations, of the transfer of public resources in aid programs.

The success of India's economic reforms in accelerating growth and reducing poverty has been well-documented. In view of Manmohan Singh's key role in spearheading India's development process, this volume in his honour, brings together a collection of essays on the economic reforms initiated in 1991 and explores policies, frameworks, and strategies to fully realize their potential.
Significantly revised and updated, this new edition:
traces India's development experience and transition to an open economy;
addresses key issues in India's economy such as poverty and inequality,...