be made if
it would redound to the improvement of these countries, and this could
happen only if the aid is linked to sound policies. A recipient nation's
policy is sound if every $ of American aid would earn $2 of private capital
(Inter-American Development Bank). If the nation's public policy is poor or
unsound, aid would harm its people further rather than help.
Moreover, the aid would be given only to developing countries that
exhibit a corresponding strong commitment to good governance, fight against
corruption, promotion of human rights, and respect for the law. American
aid is intended to improve the health and education of the citizens of
those selected developing nations (Inter-American Development Bank) so that
they would become educated and fit agents of development in the future. It
is meant to install and vitalize enterprise and entrepreneurship in the
form of more open markets, sustainable budget policies and a truly strong
support for development that would insure lasting growth and prosperity.
The US State Department and the US Treasury use concrete, clear, strict and
objective criteria in plotting and evaluating progress in every developing
nation that receives American aid (Inter-American Development Bank).
The rationale consists/consisted of the nearly doubling of the per
capita income in these needy countries in the last two generations, during
which more children had better chances of getting an education and living a
brighter future. The Administration also noted that infant mortality was
reduced into half in the poorest countries, which meant that more people
survived. Other nations from India to Chile likewise found new fortunes and
changed to new ways (Inter-American Development Bank) - encouraging signs
of growth. But elsewhere and in entire regions, the situation and the
statistics are alarming. Poverty is widespread and still spreading for
bil...