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- W2490310559 abstract "Although at present Japan is the largest bilateral donor to less developed countries (LDCs), only about a quarter of a century ago it was one of the largest recipients of bilateral (from the US) and multilateral (from the World Bank) economic assistance. Since Japan devised a perspicacious macroeconomic policy package and implemented it with admirable dexterity, and since there were measurable results to show for the external assistance, donor countries and organisations were eager to assist the Japanese economy. During the first half of the 1960s it was the second largest recipient of the World Bank fund after India. It borrowed large sums to build highways, electric power stations and the famous bullet train. The final repayment instalment to the World Bank was made in July 1990. Thus, in a short span of time Japan metamorphosed itself from a reconstructing, aid-recipient economy to the largest donor to LDCs." @default.
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- W2490310559 date "1993-01-01" @default.
- W2490310559 modified "2023-09-24" @default.
- W2490310559 title "Economic Assistance to the Developing Countries" @default.
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- W2490310559 doi "https://doi.org/10.1007/978-1-349-12812-9_5" @default.
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