Research Catalog

The price of aid : the economic cold war in India

Title

The price of aid : the economic cold war in India / David C. Engerman.

Author

Engerman, David C., 1966-

Publication

Cambridge, Massachusetts : Harvard University Press, 2018.
©2018

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Request for On-site Use Not available - In use until 2024-03-26 - Please for assistance.	Text	Use in library	JFE 19-3609	Schwarzman Building - Main Reading Room 315

Details

Description

vii, 501 pages : illustrations, map; 25 cm

Summary

Debates over foreign aid can seem strangely innocent of history. Economists argue about effectiveness and measurement--how to make aid work. Meanwhile, critics in donor countries bemoan what they see as money wasted on corrupt tycoons or unworthy recipients. What most ignore is the essentially political character of foreign aid. Looking back to the origins and evolution of foreign aid during the Cold War, David C. Engerman invites us to recognize the strategic thinking at the heart of development assistance--as well as the political costs. In The Price of Aid, Engerman argues that superpowers turned to foreign aid as a tool of the Cold War. India, the largest of the ex-colonies, stood at the center of American and Soviet aid competition. Officials of both superpowers saw development aid as an instrument for pursuing geopolitics through economic means. But Indian officials had different ideas, seeking superpower aid to advance their own economic visions, thus bringing external resources into domestic debates about India's economic future. Drawing on an expansive set of documents, many recently declassified, from seven countries, Engerman reconstructs a story of Indian leaders using Cold War competition to win battles at home, but in the process eroding the Indian state. The Indian case provides an instructive model today. As China spends freely in Africa, the political stakes of foreign aid are rising once again.--

Subject

Genre/Form

History.

Bibliography (note)

Includes bibliographical references and index.

Contents

Introduction: Foreign aid and development politics in India -- Part I. Learning development, 1947-1955: Debating development and discovering India -- Inventing development aid -- Part II. The heyday of the economic cold war, 1955-1966: The geopolitics of economic expertise -- The aid project and cold war competition -- "Free money" and the tilt toward the West -- Military supply and the vicissitudes of development politics -- Part III. The bitter fruits of development politics, 1960-1974: Bets, bargains, and the price for American aid -- Soviet aid from inspiration to armory -- India's double crisis and the price of aid -- Conclusion: Development politics and the price of aid.

Call Number

JFE 19-3609

ISBN

9780674659599
0674659597

LCCN

2017036333
40027901717

OCLC

1002824130

Author

Engerman, David C., 1966- author.

Title

The price of aid : the economic cold war in India / David C. Engerman.

Publisher

Cambridge, Massachusetts : Harvard University Press, 2018.

Copyright Date

Type of Content

text

Type of Medium

unmediated

Type of Carrier

volume

Bibliography

Includes bibliographical references and index.

Local Note

AUTH: BRANDEIS UNIVERSITY.

Chronological Term

Since 1900

Other Standard Identifier

40027901717

Research Call Number

JFE 19-3609

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