Date of Award


Degree Type


Degree Name

Master of Science in Economics (MSECO)


Economics (COB)


Foreing aid, since its comparatively recent inception, continually has been the subject of polemics. Though volumes have been written concerning its rationale, implementation, burden, impact, etc., only recently, with the concept of grants economics, have asessments of economic aid on a quantitative subsify basis been possible. These pioneering efforts have led the way toward a clearer understanding of foreign aid by identifying the real transfers involved.

The object of the following analysis is to ferret out the grant component of official United States economic aid to less-developed countries from 1953 to 1969. The United States is chosen due to availabiity of data and because U.S. aid historically has contirbuted over fifty percent of net global foreign aid...