Abstract

ABSTRACTThis analysis charts the changes in British aid policy under the Margaret Thatcher government (1979–1990). In particular, it examines the impact of so-called neo-liberal ideology in overseas development strategy in an era where “structural adjustment”—aid in return for market-based reforms—became World Bank and International Monetary Fund orthodoxy. There is some evidence to show British increases in multilateral aid during the 1980s supported a neo-liberal aid policy. Bilateral aid policy, however, demonstrated a subordination of aid to foreign policy and a pro-business—not ideologically pro-market or neo-liberal—alignment. One of the results of these structural changes was the Pergau Dam scandal at the end of the Thatcher years.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.