Triangular Francs: The Eisenhower Administration’s Complicated Franco-American-South Vietnamese System of Foreign Aid to Saigon

2021 ◽  
Vol 28 (4) ◽  
pp. 356-382
Author(s):  
Lori Maguire
Keyword(s):  
Foreign Aid ◽  
American South ◽  
Eisenhower Administration ◽  
Development Aid ◽  
South Vietnam ◽  
Triangular Trade ◽  
The Impact

Abstract This article examines the little-known system of foreign aid that the Eisenhower administration called “triangular trade.” Created to increase development aid without specific Congressional authorization, U.S. officials managed it chaotically and often secretly. This article analyzes U.S. application of this policy in relations with France, focusing on an examination of “triangular francs” whose most important manifestation occurred in South Vietnam. It tries to understand the complicated and often contentious relationships between the three nations with respect to “triangular francs,” illustrating its often neo-colonial aspects. After first presenting the system, the article proceeds to examine each of the three participants’ role in it and reservations about it. In particular, it seeks to show how Saigon’s leaders sought to influence the system to make it more advantageous to them and the impact this had on both Paris and Washington.

scholarly journals The Role of Development Aid in Agriculture in the Common Market for Eastern and Southern Africa: A Panel Vector Autoregression Analysis

2020 ◽  
Vol 12 (10) ◽  
pp. 28
Author(s):  
Grace Gondwe ◽  
Josue Mbonigaba
Keyword(s):  
Foreign Aid ◽  
Southern Africa ◽  
Development Aid ◽  
Aid Effectiveness ◽  
Common Market ◽  
The Common ◽  
Eastern And Southern Africa ◽  
The Impact ◽  
Panel Vector Autoregression

This paper assessed the impact of foreign aid on agricultural productivity and growth in the Common Market for Eastern and Southern Africa (COMESA), using panel vector autoregressive methods. The results show a significant unidirectional causality from agricultural growth to foreign aid and thus confirming the theoretical dispositions of the developmental role of foreign aid. However, instead of complementing domestic resources in this regard, the results showed that foreign aid in the sector substitutes government financing, which effectively reduces its effectiveness. A mismatch in government resources and aid allocations to a sub-sector erodes the synergy that should typically exist between donor aid and government expenditure in a sector. A policy shift towards Result-Based (Aid on Delivery) approaches in aid disbursements will be critical to eliminating fungible resources. Misalignment of aid allocations that are inconsistent with the relative importance of subsectors in the sectoral development goals further undermines the potency of aid. A better understanding of the contribution of the various sub-sectors to the overall growth of the agriculture sector will be crucial for equitable resource allocation and enhanced aid effectiveness. Moreover, the higher impact of domestic resources compared to foreign aid calls for policies to increase domestic resource mobilization and a broader focus on reducing aid dependency.

Feeling their pain: affective empathy and public preferences for foreign development aid

2019 ◽  
Vol 26 (3) ◽  
pp. 820-850 ◽  
Author(s):  
A. Burcu Bayram ◽  
Marcus Holmes
Keyword(s):  
Foreign Aid ◽  
Public Support ◽  
Helping Behavior ◽  
Development Aid ◽  
Aid Effectiveness ◽  
Situational Factors ◽  
Affective Empathy ◽  
Public Preferences ◽  
The Individual ◽  
The Impact

Bringing together psychological approaches to empathy with research on public preferences for foreign development aid, we shed light on the role empathy plays in global helping behavior. We argue individuals combine their affective empathic responses with situational factors when forming foreign aid preferences. Testing our theory with two novel experiments embedded in a national survey of US citizens, we find that affective empathy not only predicts the individual variation in foreign aid preferences but also explains why Americans weigh aid effectiveness and recipient deservingness—the two important situational aspects of foreign aid—differently. We show that the ability to feel others’ pain is what facilitates global helping behavior, not simply knowing their pain. However, even though this affective ability moderates the impact of aid effectiveness, it amplifies that of recipient merit. Our results contribute to a richer understanding of when empathy facilitates public support for foreign development aid and add to the burgeoning research program on behavioral international politics.

Economic Structure of Pakistan.—By Khawaja Amjad Saeed. Accountancy and Taxation Service Institute, Lahore, 1977. pp. 396.

1978 ◽  
Vol 17 (2) ◽  
pp. 264-265
Author(s):  
Moin-ud-din Moin-ud-din
Keyword(s):  
Foreign Aid ◽  
Statistical Data ◽  
International Comparisons ◽  
Balance Of Payments ◽  
Development Effort ◽  
Recent Past ◽  
World Economic ◽  
World Economic Order ◽  
The Impact ◽  
Vast Range

A number of books on Pakistan's economy have recently been published, but most of them do hot provide the latest statistical data or keep pace with events and development during the 1970's. The book under review, however, has admirably fulfilled the requirements. It covers a vast range of subjects concerning economic development in the country during the recent past The book is divided into nine parts and covers such diverse areas as development, industry, the price situation and the impact of inflation, Pakistan's planning and development effort, trade priorities and balance of payments situation, .taxation* foreign aid, and socio-economic reforms. The analysis is general, broadbased, and historical in perspective and a large amount of data have been put together. To bring out a clearer picture international comparisons are made whereever possible, especially in the last part of the book where the author reiterates on the need for a "New World Economic Order".

scholarly journals The Impact of Development Aid on the International Migrations in the African, Caribbean, and Pacifi c Group of States

2017 ◽  
Vol 20 (1) ◽  
pp. 101-112 ◽  
Author(s):  
Marko Gregl ◽  
Klavdij Logožar
Keyword(s):  
Economic Growth ◽  
Empirical Evidence ◽  
Direct Effect ◽  
Developed Countries ◽  
Development Aid ◽  
Donor Side ◽  
Financial Flows ◽  
The Pacific ◽  
African Caribbean ◽  
The Impact

Abstract Development aid, one of the most important mechanisms for the redistribution of global wealth, represents financial flows that have economic growth and social improvement as their main objective. It has also frequently been described as an instrument which is able to diminish international migrations and is used by several developed countries. Recently, much empirical evidence and several contributors have argued that connection and set out other grounds. This paper explores the interaction between development aid and migrations from developing to developed countries. We want to determine, if the amount of development aid has any impact on migrations from African, Caribbean, and the Pacific Group of States. Our results show that development aid does not have a direct effect on migrations and therefore, in terms of international migrations, is not effective. Moreover, we will argue that the donor side should use different policies and other mechanisms to manage migrations from those countries

scholarly journals Aid, Governance and Public Finance Fraud: Evidence from Angola

Politeja ◽  
2020 ◽  
Vol 17 (6(69)) ◽  
pp. 19-50
Author(s):  
Weronika J. Krawczyk
Keyword(s):  
Public Finance ◽  
Natural Resources ◽  
Negative Impact ◽  
Political Corruption ◽  
Economic Benefits ◽  
Academic Community ◽  
Development Aid ◽  
Financial Flows ◽  
Ruling Elites ◽  
The Impact

This article examines the process of public finance fraud leading to unjust enrichment of ruling elites in Angola, a resource-rich, yet ironically povertytrapped country, owing to decades of rule of José Eduardo dos Santos. It analyses the phenomenon of political corruption in the Angolan context, translating into mismanagement of public revenues coming from natural resources as a means of attaining private economic benefits and consolidating power. Moreover, by examining cross-border inter-company networks aimed at concealing public assets behind front companies, the author attempts to establish a connection between corruption and illicit financial flows. Ultimately, since political corruption is intrinsically linked to governance, the article looks at the impact of the latter on social development as well as on the effectiveness of development aid granted to Angola. It was written based on secondary resources including existing literature and material evidence. Its findings and conclusions correspond with the overall theory postulated by the academic community, maintaining that natural resources and aid have negative impact on governance, institutional accountability, and in consequence on human development, especially in countries characterised by despotic rule.

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