Multilateral Versus Bilateral Aid: An Old Controversy Revisited

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Abstract
At the beginning of the 1960's an unsophisticated observer—meaning, of course, someone other than the reader—might have concluded that, in the United States at least, the long-standing controversy over multilateral versus bilateral aid had been laid to rest. The funeral oration had been pronounced by no less a personage than President Eisenhower when he addressed the General Assembly of the United Nations in September 1960. He went right down the line for multilateral assistance via UN channels.

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