© 1995

First World, Third World

  • Authors

Table of contents

  1. Front Matter
    Pages i-xv
  2. William Ryrie
    Pages 1-32
  3. William Ryrie
    Pages 33-51
  4. William Ryrie
    Pages 53-68
  5. William Ryrie
    Pages 69-87
  6. William Ryrie
    Pages 89-109
  7. William Ryrie
    Pages 111-119
  8. William Ryrie
    Pages 121-135
  9. William Ryrie
    Pages 163-177
  10. William Ryrie
    Pages 179-194
  11. William Ryrie
    Pages 195-218
  12. Back Matter
    Pages 223-240

About this book


Over a billion people still live in abject poverty. International aid, and its organs such as the World Bank, can claim only limited success. Indeed, in some parts of the world, especially Africa, they must acknowledge failure. William Ryrie analyses the record of international aid with ruthless honesty, while sympathising with its objectives. Aid has often had perverse and harmful effects. Probably its most basic failure has been to undermine the working of the market economy, which offers the best hope of rapid growth and declining poverty. Ryrie argues that a new intellectual basis for aid must urgently be found and the development task redefined, concluding this stimulating book with some novel and provocative proposals.


capitalism development economy finance growth international finance Poverty success

Bibliographic information