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L. Jacobo Rodriguez
American foreign aid has stymied the economic development of the Third World, L. Jacobo Rodriguez asserts in the following viewpoint. For example, he contends, farmers in developing countries are forced out of business by the influx of American food aid. Rodriguez also argues that, despite the claims of some foreign aid proponents, the postwar economic growth of Europe and Asia was not the result of U.S. financial assistance. He maintains that the United States can best encourage the development of poor nations by trading with foreign markets. Rodriguez is the assistant director of the Project on Global Economic Liberty at the Cato Institute in the District of Columbia. The project studies ways to transform former communist countries into market economies.
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This section contains 2,818 words (approx. 10 pages at 300 words per page) |