Download

Download Free Electronic Document

FormatFile SizeNotes
PDF file 2 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback22 pages $20.00 $16.00 20% Web Discount

Comments on Professor Milton Friedman's article "Foreign Economic Aid: Means and Objectives" (published in Yale Review, Summer 1958). The article states that "despite the intentions of foreign economic aid, its major effect, insofar as it has an effect at all, will be to speed the communization of the underdeveloped world." This paper dispels some of the general arguments against foreign economic aid which are advanced by Friedman. Reasonable objectives of foreign economic aid are suggested, as well as its distinct limitations as a means of accomplishing other objectives.

This report is part of the RAND Corporation paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.