Wide Support of Regional Development
Eisenhower Administration' Shift of Position
United states assistance in foreign regional development on a substantially increased scale appears to be in the making. The administration, which hitherto has channeled most economic aid of a development nature to individual countries through the regular foreign aid program, now has given its support to various proposals for promoting economic development through regional international organizations. President Eisenhower commented on the shift of position at his news conference on Aug. 20. He said then that he thought “this whole proposition of dealing with areas, sometimes because the problems transcend national boundaries, must be one that we must look at more closely than in the past.”
After pledging a substantial contribution early this year to a United Nations ...