Whereas Bauer rejects the value of aid entirely, Lal does not dismiss the possibility that it can be used to successfully leverage policy reforms. Indeed, when it is made conditional on the adoption and implementation of desirable policy, Lal views aid as the "catalyst which makes sound academic advice politically effective" (1993, 94).

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 1776