Word: aid
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Dates: during 1980-1989
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Katz led "The Marshall Plan and After," a panel discussion by five Harvard experts in economics and political science on the impact of aid programs in East Asia, South America and Europe...
...panelists generally agreed that foreign aid programs have significantly aided economic growth in developing countries. Aid efforts are directed at establishing political stability, democratic principles and economic self sufficiency in developing countries, panelists said...
...average overall rate of economic growth in developing countries in the past 25 years is higher that that of Western Europe," said Cabot Professor of Economics Hollis B. Chenery. Other panelists cited the turnaround made by Japan, once a country desperately in need of aid and now a lending nation itself...
Panelists supported Secretary of State George P. Schultz's opinion that proposed cuts in the foreign affairs budget could hurt U.S. foreign aid efforts...
Allowing federal aid recepients choice in their options of health payment plans could reduce costs, he said. One procedure would allow individual enrollment in the private health plans such as Health Maintenance Organizations (HMOs), he said...