Western Financial Assistance to the Developing World

Perceptions of the Power Imbalance and its Impact on Fiscal Terms

Business & Finance, Economics, International Economics, Macroeconomics
Cover of the book Western Financial Assistance to the Developing World by Chuku-Dinka R. Spencer, Palgrave Macmillan US
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Author: Chuku-Dinka R. Spencer ISBN: 9781137583994
Publisher: Palgrave Macmillan US Publication: August 5, 2016
Imprint: Palgrave Macmillan Language: English
Author: Chuku-Dinka R. Spencer
ISBN: 9781137583994
Publisher: Palgrave Macmillan US
Publication: August 5, 2016
Imprint: Palgrave Macmillan
Language: English

This unconventional book addresses the imbalance of power between countries that give and receive funds for international financial development, with particular attention to the outcomes and impacts of this imbalance on recipient countries. It provides an in-depth analysis of the perceptions that population segments of recipient countries have of the power plays inherent in giving and receiving financial assistance, delving deep into the factors that affect these perceptions to examine how and why developed countries wield power over countries receiving financial assistance. While the text focuses primarily on African countries, it also addresses the broader power imbalance between developed countries in the global north and developing countries in the global south. It also examines perceptions of development assistance and power imbalance between the global south in general and the BRICS countries which provide assistance to the global south in particular.  This book is an ideal tool for those studying the socioeconomic impacts of international financial assistance to developing countries.

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This unconventional book addresses the imbalance of power between countries that give and receive funds for international financial development, with particular attention to the outcomes and impacts of this imbalance on recipient countries. It provides an in-depth analysis of the perceptions that population segments of recipient countries have of the power plays inherent in giving and receiving financial assistance, delving deep into the factors that affect these perceptions to examine how and why developed countries wield power over countries receiving financial assistance. While the text focuses primarily on African countries, it also addresses the broader power imbalance between developed countries in the global north and developing countries in the global south. It also examines perceptions of development assistance and power imbalance between the global south in general and the BRICS countries which provide assistance to the global south in particular.  This book is an ideal tool for those studying the socioeconomic impacts of international financial assistance to developing countries.

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