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...they have already come, Puerto Ricans have a lot less to fear than most Latin Americans. When Muñoz and his men founded the Popular Democratic Party in, 1938, the island was little more than a hilly sugar plantation controlled by companies in the U.S. Per-capita income was a pitiable $120 annually, San Juan's waterfront slums were among the worst anywhere, and thousands of Puerto Ricans were fleeing to the U.S. mainland each year. Muñoz' answer was to help Puerto Rico help itself...

Author: /time Magazine | Title: Puerto Rico: Welcome to a New Friend | 1/8/1965 | See Source »

...visitors spending $100 million last year. In 1952, Muñoz won U.S. approval for a unique "commonwealth" status, combining many advantages of statehood (U.S. protection and citizenship) with those of a possession (no federal taxes). All of this has combined to give Puerto Rico an annual per-capita income of $830, highest in Latin America...

Author: /time Magazine | Title: Puerto Rico: Welcome to a New Friend | 1/8/1965 | See Source »

...according to ECLA, Cuba got $700 million in grants, credits and other aid. The report did not include military assistance, which comes to almost $1 billion. When that is added in, it is enough to make Cuba the hemisphere's biggest recipient of foreign aid at $23 per capita over the five-year period. By contrast, Chile, which boasts the most per capita U.S. aid, got only $17 per person during the same period...

Author: /time Magazine | Title: Cuba: Money from Moscow | 1/8/1965 | See Source »

Although things are moving, they aren't moving fast enough. Top priority should be given to education. "The only country to approximate the U.S. in the percentage of GNP earmarked for education is Costa Rica," says the C.E.D., with the result that "it has the largest per capita GNP of the region." Education should be pushed particularly on the primary levels. Employers should initiate on-job training programs, a practice not widely enough spread...

Author: /time Magazine | Title: Central America: How to Make Good Without the Canal | 1/1/1965 | See Source »

...housing, education, health, and food production. In many countries, inflation seems incurable. As always, Latin economies desperately need foreign investment capital. But for all their frustrations, the Latin American nations succeeded this year for the first time in meeting the Alianza's goal of an overall 3% per capita product growth rate. Latin American export earnings rose 8%. And paced by the U.S., which has already invested $3.7 billion in the Alianza, there has been a notable increase in foreign aid to the member nations...

Author: /time Magazine | Title: The Alianza: Guarded Optimism | 12/18/1964 | See Source »

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