May 27, 2010
Barak

Export-led growth

It seems the US has a novel model for export-led growth:

We show that following CIA interventions there was an increase in foreign-country imports from the US…This is consistent with US influence being used to create a larger foreign market for American products.

I wonder if USAID finances these types of programs abroad.

2 Comments

  • Actually, I know for a fact that the Farm Bill (which governs U.S. food aid) until somewhat recently required that all USAID-distributed food be purchased from–you guessed it–U.S. suppliers exclusively.

  • Actually, when I worked at the Treasury Department we used to boast about how much US foreign assistance gets funneled through US-based contractors. Well, I guess that’s better than asking the CIA to overthrow a government in order to increase US exports to that country.

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