Analyzes the history of failure of foreign aid programs in developing countries. Presents African country data on aid received from 1971 to 1994.

Presents recommendations to Congress on foreign aid policy and emphasizes the importance of reform, not aid, for economic growth.

Debunks the rationalizations used to justify foreign aid, cites examples of failures and offers other ways of helping Third World countries.

Argues for increased foreign aid, with strings attached, to poor countries and calls for rewarding those countries with sound economic policies.

Features excerpts of expert's analysis and debate regarding the purpose, extent and cost of US aid to Russia.

Scholars and policy makers analyze the use of foreign aid as an instrument of US foreign policy and present prescriptions and observations.

Mentions the reasons why foreign aid is ineffective in stimulating economic growth. Highlights Zaire, where aid funds were stolen by its leader.