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Trade and Aid

Eisenhower's Foreign Economic Policy, 1953-1961

Burton I. Kaufman

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Originally published in 1982. Trade and Aid 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…

Originally published in 1982. Trade and Aid 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.

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Trade and Aid

Burton I. Kaufman

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Book Details

Publication Date
Status
Available
Trim Size
6
x
9
Pages
298
ISBN
9781421435725
Table of Contents

Acknowledgments
List of Abbreviations
Chapter 1. Introduction
Chapter 2. Trade Not Aid, 1953-1954
Chapter 3. The Transition, 1954-1955
Chapter 4. The Soviet Economic Challenge, 1955-1956
Chapter 5

Acknowledgments
List of Abbreviations
Chapter 1. Introduction
Chapter 2. Trade Not Aid, 1953-1954
Chapter 3. The Transition, 1954-1955
Chapter 4. The Soviet Economic Challenge, 1955-1956
Chapter 5. Trade, Antitrust, and Oil Policy, 1955-1957
Chapter 6. The Foreign-Aid Inquiry and Establishment of the Development Loan Fund, 1957
Chapter 7. Trade and Aid: Reciprocal Trade, 1957-1958
Chapter 8. Trade and Aid: Mutual Security, 1957-1958
Chapter 9. Multilateralism and Regionalism, 1958-1959
Chapter 10. The Balance-of-Payments Problem and Foreign Economic Policy, 1959-1960
Chapter 11. The Final Fight over Foreign Aid, 1960-1961
Chapter 12. Conclusion
Notes
Selected Bibliography
Index

Author Bio
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Burton I. Kaufman

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.