Transfer of Resources: a Case of ‘Collective Self-Reliance’

M. W. Khouja and P. G. Sadler

Chapter 12 in The Economy of Kuwait, 1979, pp 209-224 from Palgrave Macmillan

Abstract: Abstract Kuwait foreign aid, initiated even before the country’s independence in 1961, has indeed been exemplary and for a long time unique among developing countries. Although until Independence it was confined to the construction of a few schools, health clinics and mosques, Kuwait foreign assistance soon evolved into a manifestation of the concept of ‘collective self-reliance’.1 Kuwait, which, in spite of its high per capita income, is still regarded as a developing country, has had one of the most impressive foreign aid records known to date. Taking into account Kuwait’s concessional and non-concessional transfer of resources to developing countries, a staggering picture of the total capital flow emerges, irrespective of whether it is viewed in relative or absolute terms. But, before examining the country’s record, describing the organisational set up and assessing the performance of Kuwait’s efforts in the field of transfer of resources, we should attempt to explain the country’s motives and objectives regarding such a transfer, particularly as far as aid-giving is concerned.

Keywords: Recipient Country; Asian Development Bank; Official Development Assistance; United Nations Industrial Development Organisation; Multilateral Institution (search for similar items in EconPapers)
Date: 1979
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DOI: 10.1007/978-1-349-03500-7_12

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