... in which it helped out war-torn economies of Western Europe as a means of stopping the spread of communism, to the British minister of overseas development who noted that "two-thirds of the country's aid is spent on goods and services from Britain...Trade follows aid." (Earl Grinstead, Overseas Development (November 1968): 9); if it's not in a countries best interest, no donations will be made. So, if foreign aid may harm an LDC's economy because of the things that are expected from them in return, why do they accept it? The main reason that has become apparent is that aid is believed to be a necessity in the development process as it is taught in all university development courses; it is thought to 'supplements resources', 'transform the economy structurally', and 'contribute' to the achievement of 'economic growth' in LDCs. In other words, the LDC's reason for accepting this "foreign aid" is based ...

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