000			01244pab a2200181 454500
008			180718b1999 xxu||||| |||| 00| 0 eng d
100			_aJha, Shikha
245			_aForeign aid to India: what does it finance?
260			_c1999
300			_ap.1142-146
362			_a8 May
520			_aThis article shows that foreign aid to India merely substitutes for spending that the government would have undertaken anyway; the funds freed by earmarked aid are spent elsewhere. Moreover, in passing external assistance earmarked for the states, the central government makes a reduction in transfers it would have otherwise made to the states. From the country's perspective these fungibility results could be good; domestic spending priorities - inter-sectoral and inter-regional - are unaffected by foreign aid. For the donors, however, the results indicate that success of their projects, as measured by the conventional benefit-cost analysis, does not tell the whole story; the marginal use of their money and its overall development impact could be different from that intended. - Reproduced
650			_aForeign aid - India
650			_aForeign aid
700			_aSwaroop, Vinaya
773			_aEconomic and Political Weekly
909			_a40792
999			_c40792 _d40792