Millikan, M. F.; Rostow, W. W.
April 1958
Foreign Affairs;Apr1958, Vol. 36 Issue 3, p418
This article expresses the author's views on the foreign economic policy of the U.S. government. The author argues that the U.S. foreign economic policy has moved perceptibly back towards the path from which the U.S. was diverted by the Korean War and the subsequent concentration on the build-up of military pacts around the periphery of the Communist bloc. The acceleration of economic growth in non-Communist Asia, the Middle East, Africa and Latin America is beginning to be recognized as a major national objective. Whether there will now emerge into maturity an American and free-world economic development policy capable of protecting the common interest in a world dominated by expensive military stalemate on the one hand, and by the accelerating nationalist revolutions of Asia, the Middle East and Africa on the other, hinges in part at least on a clarification of major issues.


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