Foreign Aid: Control, Corrupt, Contain?Foreign aid has long become a misnomer. It might properly be called 'foreign policy with funds'. Foreign aid packages have become tools to help reign in countries who disagree with this or that foreign policy, to allow leaders of those receiving countries to become privately wealthy and thus beholden to the donor country, and to stipulate that up to 40 per cent of the total 'aid' must be in the form of contracts to companies from the donor country who are often politically tied to the political administration of the donor country. This book provides the background information on important aspects of foreign aid. |
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activities additional Administration Agency agreement agricultural exports amounts annual appropriations assistance authorized average bilateral billion Board budget capita commitment Committee commodities Compact Congress congressional contributions Corporation corruption countries credit guarantees criteria Department dollars donor East economic Education eligible emergency estimated export credit farm bill Figure financing food aid food aid programs foreign aid foreign assistance funding Global grants growth Health House humanitarian implementing income increase indicators initiative institutions International Iraq issues largely largest legislation less loans Madagascar major managed measure meet military Millennium Challenge nearly negotiations noted objectives organizations past performance period President projects promotion proposed qualifying received recent recipients reconstruction reduce Relations represented request require sector selection Senate Service Source spending subsidies Table Threshold Title trade U.S. agricultural U.S. foreign aid United USAID USDA World Bank