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First World, Third World William Ryrie

First World, Third World

William Ryrie

Published February 24th 1999
ISBN : 9780333759752
Hardcover
253 pages
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 About the Book 

This new updated and extended edition of First World, Third World examines the failures of aid to eliminate poverty. The world development effort can claim only limited success, and in some parts of the world, especially Africa, failure must beMoreThis new updated and extended edition of First World, Third World examines the failures of aid to eliminate poverty. The world development effort can claim only limited success, and in some parts of the world, especially Africa, failure must be recognised. William Ryrie, while starting from a position of sympathy with the aims of the aid effort, insists that the record must be analysed with ruthless honesty. Well-intentioned aid has often had perverse and harmful effects. One of these has been to undermine the working of the market economy, which offers the best hope for development and growth. His book proposes a new approach to the development task which would reconcile it with market philosophies.