Word: alianza
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Dates: during 1960-1969
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...fourth anniversary of the Alianza para el Progreso last week, the U.S. could report that its grand design is finally showing some substance. Since 1961, the U.S. has disbursed $3.5 billion in aid and committed $4.2 billion, in return for which Latin Americans are beginning to do the necessary, often difficult, things that will multiply the dollars. Items...
...capita income in Latin America rose an average 3% last year, compared with the Alianza goal of 2½% per year. In eight countries,* per capita income climbed more than...
...Gross national product rose steadily, and on a per capita basis last year more than half of the 19 Alianza nations exceeded the program's goal of a 2½% growth rate...
...collections increased by 4% last year and finished 10% higher than 1961, as virtually every government reorganized its tax structures and collection systems. "Before the Alianza," says one Washington official, "many of the tax policies of Latin America hadn't changed since Cortez' time...
Concludes David Bell, director of the Agency for International Development, which supplies most of the Alianza funding: "It has taken two or three years for the Latin American governments and people involved to commit themselves and to understand that this was a partnership in which their own self-help measures were crucial for success. Now, they are finally establishing a true Alianza relationship...