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Agricultural Disposals as Foreign Aid: An Appraisal
Published online by Cambridge University Press: 02 January 2018
Extract
The United States Government, over the past several years, has endeavored to utilize its abundance of agricultural commodities for the promotion of economic development in certain foreign locales. The disposal of surplus food and fiber products purportedly serves the dual purpose of alleviation of domestic over-production and assistance to underdeveloped countries engaged in a struggle for economic advancement. The two programs which attempt an integration of surplus disposal with foreign economic assistance are Section 402 of the Mutual Security Act and the Agricultural Trade Development and Assistance Act (PL 480).
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- Copyright © University of Miami 1961
References
1 The major difference between Titles II and III, both authorizing donations of surplus agricultural products, is that Title II grants are conducted under governmental supervision, whereas Title III operations are carried on primarily through non-governmental voluntary agencies, e.g., CARE, Lutheran World Relief, etc. Additionally, Title III provides for the direct barter of surplus products, but this operation is in no way associated with the aid program.
2 See Berenson, Robert L., Bristol, William M., and Straus, Ralph I., Accumulation and Administration of Local Currencies. International Cooperation Administration. Washington, 1958. p. iv.Google Scholar
3 This conclusion is contained in Official Records of the UN, Economic and Social Council, 931st Meeting, 22nd Session. July 12, 1956. Pp. 37-38.
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