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Стр. 2 - ... companies. Aside from the strategic importance, their foreign trade is highly significant. Imports from and exports to the United States dominate the external commerce of these countries. The United States provides the largest source of foreign private investment. The extent of United States interest is indicated by the fact that over $2 billion, or 10 percent of the total value of United States direct investment, is accounted for by direct investment in the 10 countries in Central America and...
Стр. 3 - AREA 5 closer look at the activities of Europeans in their efforts to increase their commercial interests in the area. Heightened competition in foreign trade for United States exports also indicates that American business can no longer take these markets for granted. While the United States considers private enterprise the main force for development in...
Стр. 6 - Despite this fact, untoward events, or dramatized issues of the local government against the people in some countries, can result in a repeat of the unhappy history in Guatemala from 1950 to 1954. The existence or lack of free institutions in these countries cannot be judged by United States standards. Every government has its own newspaper. Some form of press censorship is a rule rather than an exception in most countries.
Стр. 25 - A review of the financial situation by our representatives indicates that the costs of the programs needed cannot be borne within the borrowing limits of the Guatemalan economy. Grant aid is needed to supplement loans from the International Bank for Reconstruction and Development and local financing of Government expenditures.
Стр. 19 - It is prudent, however, to take another look at the need for lowinterest, long-term, capital loans in the area, and to measure United States interests there as opposed to other areas of the world where such loans are being made. The present policy of no development grants or loans except in emergency conditions is not consistent with the need for such capital and United States interest in the area. Ultimately, development of the area depends upon the effective encouragement of private investment....
Стр. 8 - B. THE INTER-AMERICAN HIGHWAY The contribution of the United States toward the construction of the Inter-American Highway (from Laredo, Tex., to Panama City) can be considered as one of the first foreign assistance activities of the United States. From 1934 to 1955 the United States expended over $50...

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