This paper assesses the Aid policy of the European Union. It highlights how this EU Aid
provision has been intertwined with the process of fictionalization in two main ways. Firstly, a
non-negligible proportion of Aid flows are linked to the promotion of private sector, for-profit
activities, which very often include the development of the financial sector in developing
countries. Secondly, the provision of Aid itself has become closely linked to the financial
sector through the process of “blending”, which effectively increases the Aid budget by …