Volume VII – Number 1
Leon Wisniewski
Abstract:
The proper conduct of dispensing foreign aid had long been a controversial subject for the public and the government officials responsible for its levying. The purpose of foreign aid in foreign policy is to empower developing nations financially until they are able to reach a point of self-sustaining economic growth in order to expand the world economy and promote world peace. The USSR and the U.S. foreign aid programs tend to be viewed as alternative options for sources for foreign aid for developing countries. This article aims to clarify the perspective of foreign aid as a vital tool in the foreign policy of both America and the Soviet Union by examining their motivations for aid, the structure of their primary aid agencies, and the policies followed to achieve their particular objectives. The process of achieving results through aid is slow, diffuse, complex, and extremely unpredictable. However, through the evaluation of the effectiveness of previous aid dispersed by both countries, this article concludes that the USSR, although it entered the foreign aid scene later and possesses a program of lesser magnitude, has yielded success proportionate to that of the United States. Ultimately, through years of experience, both the United states and the Soviet Union understand that the tedious and lengthy process of promoting world development is an important task, as it is likely that without it there would be very minimal growth.
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