Trade and Aid - Eisenhower''s Foreign Economic Policy, 1953-1961

Originally published in 1982. This book outlines the transition of U.S. foreign policy during the Eisenhower administration. In the years leading up to Eisenhower's election, America's predominant foreign economic program was based on the concept of "trade not aid," which deemphasized foreign aid and relied instead on liberalized world trade and the encouragement of private foreign investment to assure world economic growth. When Eisenhower took office in 1953, he embraced this doctrine. However, as problems in the Third World worsened, it became clear to Eisenhower and other architects of American foreign policy that trade and private investment were insufficient solutions to the economic woes of developing nations. In 1954 Eisenhower began to embrace economic aid as a core axis of his foreign economic policy. Burton I. Kaufman contextualizes Eisenhower's foreign policy leadership in the ongoing historical evaluation of Eisenhower's leadership prowess. He evaluates the outcomes of the Eisenhower administration's trade and aid program, arguing that developing countries were worse off by the time Eisenhower left office.

About the author

Burton I. Kaufman is a professor of history at Kansas State University. He is the author of Efficiency and Expansion: Foreign Trade Organization in the Wilson Administration and The Oil Cartel Crisis: A Documentary Study of Antitrust Activity in the Cold War Era.

Summary

He evaluates the outcomes of the Eisenhower administration's trade and aid program, arguing that developing countries were worse off by the time Eisenhower left office.

Product details

• Authors: Burton I Kaufman, Burton I. Kaufman
• Publisher: Johns Hopkins University Press
• Languages: English
• Product format: Paperback / Softback
• Released: 31.01.2020
• EAN: 9781421435725
• ISBN: 978-1-4214-3572-5
• No. of pages: 298
• Series: The Johns Hopkins University Studies in Historical and Political Science; Johns Hopkins University Studi
• Subjects: Humanities, art, music > History > Regional and national histories; Non-fiction book > History > Miscellaneous; Social sciences, law, business > Political science > Comparative and international political science; Amerikanische Geschichte