How and how far foreign aid has affected Pakistan's industrial performance is the fundamental question of this study. It examines the history of aid flows to Pakistan; their interaction with economic growth and planning in the country; the role of foreign aid in the balance of payments and external indebtedness; and the reciprocal links between aid on the one hand and income, employment, investment and the structure of Pakistani industry on the other. The assistance programmes of selected donor countries and institutions are emphasized, with a view to explaining the aid-giving process and...