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Periodical article | Leiden University catalogue | WorldCat |
Title: | How much does the U.S. really give Africa? |
Author: | Cotter, W.R. |
Year: | 1972 |
Periodical: | Africa Report |
Volume: | 17 |
Issue: | 8 |
Pages: | 17-20 |
Language: | English |
Geographic terms: | Africa United States |
Subject: | economic aid |
Abstract: | With many figures the article analyses the U.S. foreign aid program. Without minimizing the effectiveness and focus of this program it lays to rest the myth that the foreign aid is a multi-billion-dollar give-away operating solely for the benefit of developing countries. Loans excluded, the AID program (of the Agency for International Development or predecessor agencies) for the developing world has totaled only $23.6 billion. Economic and military aid of all sorts to Africa has totaled $5.2 billion; of that, $2.6 billion were AID loans and grants and of that, only $1.4 billion were grants. The AID assistance to Africa is not only small in absolute terms, but it is disproportionately tiny compared to what other regions have received. Tables. |