Aid, Trade and Development 50 Years of Globalization
“This is a very well written book, technically sound, and a great source of material for anyone who wants to understand the factors that have shaped much of international economics for the past half a century.”—K.Y. Amoako, President of the African C
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Constantine Michalopoulos
Aid, Trade and Development ‘This is a very well written book, technically sound, and a great source of material for anyone who wants to understand the factors that have shaped much of international economics for the past half a century. More tellingly, Michalopoulos writes with passion on developments that he knows very well and cares deeply about.’ —K.Y. Amoako, President of the African Center for Economic Transformation, Ghana ‘It is salutary in these unsettled days to recall Frederic Bastiat’s warning of 175 years ago: when goods cannot cross borders, armies do. Constantine Michalopoulos’ review and analysis of the realities of globalization over the past half century is perfectly timed to counteract the resurgence of knownothingism, intolerance and isolationism. With his unique combination of extensive research experience and personal participation in a leading capacity in the major international events in aid and trade, Constantine Michalopoulos is one of just a handful of persons who could possibly have attempted to write such a book. And he has succeeded in full. Thoroughly documented, insightful, interesting, lucid, Aid, Trade and Development is a major contribution to the debate on the great and delicate issues facing the world economy in the years to come.’ —Salvatore Schiavo-Campo, former Senior Adviser at the Asian Development Bank, the Philippines ‘This book makes a unique contribution in documenting an important chapter of the history of development cooperation.’ —Heidemarie Wieczorek-Zeul, former Federal Minister of Economic Cooperation and Development, Germany ‘This book is a fascinating history of 50 years of the most salient and interesting issues concerning aid, trade and development as seen from a seasoned practitioner’s viewpoint. Over these years Michalopoulos played important roles in two key organizations—USAID and the World Bank—and is able to bring this story to life with many examples drawn from his personal experience. He is clearly very comfortable with the many complexities of his subject matter but he writes in terms that the lay reader will easily be able to grasp. In short, I highly
r ecommend this book for anyone who wishes to understand the many stages of global development we have experienced in recent decades and how they may shape the future.’ —Alexander Shakow, former Senior Official at USAID and Deputy Secretary of the World Bank, USA ‘In a broad sweep of the modern economic history underpinning aid, trade, and development, Michalopoulos manages to capture the most salient trends and does so in a thorough, perceptive, and compelling fashion. This is a great read for those following globalization and for those wanting to know more. A tour de force!’ —Danny Leipziger, George Washington University, USA ‘Michalopoulos’ chapter on the Greek crisis is very elegant and well written, covering the ground comprehensively and fairly.’ —George Papaconstantinou, former Greek Finance Minister and author of Game Over: The Inside Story of the Greek Crisis
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