ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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New Directions in Aid

New Directions in Aid Annual Report 1971, World Bank and International Development Association, Washington, 1971, pp 116. THIS report on one more year of the World Bank's operations clearly brings out the conflicting trends in international aid. Under Robert McNamara's leadership, the World Bank has expanded its operations and diversified into new fields. At the same time the general climate, with the major aid- giving countries facing inflationary pressures and balance of payments problems, has not been exactly the most conducive to aid operations.

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