Robert Walters makes a useful contribution to our understanding of foreign aid by summarizing and comparing the use of foreign aid 'as an instrument of foreign policy' by the United States and the Soviet Union. . . . Walters' book is the best comprehensive comparison available.
This book presents a comprehensive comparison of economic aid programs by the United States and the Soviet Union to less developed countries. It examines aid to many of the non-Communist nations of Asia, Africa, the Near East, Latin America. Robert S. Walters views aid programs in terms of their objectives, the size and structure of disbursements, and operational and administrative principles. In addition he examines the delicate balance between trade policy and general foreign policy, and the difficulties and results experienced by the U.S. and Soviet Union in their respective programs.
The book itself is extremely readable and well put together. It preserves a sense of balance. . . as a closely reasoned and well-researched analysis of both programmes.
Robert S. Walters' book is a thorough and thoughtful study of American and Soviet economic assistance programs (trade and aid) to the less developed countries. Focusing on the donor, as opposed to the recipient, nations, he compares and contrasts the two programs in terms of motivation, scope, and administration.
The main contribution of this book lies in tracing the evolution of policy. That the United States and the Soviet Union both hope economic aid will win international support for their respective concepts of desirable social, political, and economic progress is one of the principle themes.
Professor Walters provides us with a well-documented and thoroughly analyzed comparison of the major economic aid programs of the United States and the Soviet Union.