Economic Policies At Cross-Purposes


The purposes of this book are to aid in the development of sound public policies and to promote public understanding of issues of national importance.
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The purposes of this book are to aid in the development of sound public policies and to promote public understanding of issues of national importance.
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Editorial Reviews

Krueger (economics, Duke U.) examines the various US international economic policies that affect developing countries and shows that American policies regarding trade, aid, debt, and the multilateral institutions are undertaken largely without coordination and often conflict with each other. She offers numerous examples to support her argument and offers detailed examinations of US assistance to Korea and the Caribbean Basin. Paper edition (unseen), $16.95. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780815750536
  • Publisher: Brookings Institution Press
  • Publication date: 2/1/1993
  • Pages: 268
  • Lexile: 1550L (what's this?)
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.61 (d)

Table of Contents

1 Introduction 1
2 The United States and the Developing Countries 7
3 Trade, Aid, and the International Economy: Development in the Postwar Era 18
Development Thought in the Early Years 19
Development Policies in the Early Years 22
Development Experience up to the 1980s 24
The Experience of the 1980s 31
4 U.S. Foreign Aid 36
The Evolution of U.S. Foreign Aid 37
The Effectiveness of Foreign Aid 51
Aid at Cross-Purposes with Other U.S. Policies 62
Appendix: Definition and Measurement of Foreign Aid 64
5 The United States and the Multilateral Lending Institutions 68
The Multilateral Lending institutions 69
U.S. Financial Support for the Multilaterals 79
U.S. Policy toward the Multilaterals during the Debt Crisis 82
Missed Opportunities vis-a-vis the Multilaterals 98
6 U.S. Trade Policies and Their Impact on Developing Countries 102
The Importance of Developing Countries as Trading Nations 104
Global U.S. Trading Policy: An Overview 106
U.S. Protection against Imports from Developing Countries 119
The Uruguay Round and Regional Trading Arrangements 131
7 The Caribbean Basin Initiative 137
U.S. Interest and Caribbean Development 137
Provisions of the Initiative 141
U.S. Coordination with the Multilaterals in Facilitating Policy Reform and in Debt Policy 152
8 U.S. Economic Policies toward Korea 162
U.S. Aid to Korea 163
Korea's Growth after Policy Reform 166
U.S. Pressures on Korean Macroeconomic Policies in the Late 1980s 169
U.S.-Korea Trade Relations in the 1980s 172
Conclusion 180
9 Time for Reform 181
Bilateralism or Multilateralism? 182
Improving Policy Effectiveness 185
Changing U.S. Understanding of the Developing Countries and Their Role 196
Notes 199
Index 245
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