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Sino-Soviet Aid to South and Southeast Asia*

Published online by Cambridge University Press:  18 July 2011

Henry G. Aubrey
Affiliation:
Graduate Faculty of the New School for Social Research in New York, and Director of Research
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Extract

It is customary to show that total assistance by the United States to the underdeveloped world by far exceeds that of the Soviet bloc; and since the comparison is invariably much in favor of the United States, one cannot help being puzzled by the alarm displayed about Communist aid “penetration.” Moreover, I feel that such global comparisons fail to impress individual countries, which either care little about aid given to others or resent it if it is given to unfriendly neighbors or to partners in military alliances disliked for political or ideological reasons. Even aid that is gladly received is not necessarily well remembered later.

Type
Research Article
Copyright
Copyright © Trustees of Princeton University 1959

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References

1 To compile a list of bloc aid is tricky business and the result can never be fully trusted for accuracy and completeness. This caution ought to be borne in mind in evaluating the appended table.

2 See the testimony of Undersecretary of State for Economic Affairs C. Douglas Dillon before the Senate Foreign Relations Committee, January 21, 1959.

3 This does not include purchases of dollars from the International Monetary Fund totaling nearly $300 million by India, Indonesia, and Burma.

4 Berliner, Joseph S., Soviet Economic Aid, New York, 1958, pp. 74ff.Google Scholar

5 According to the Department of State, there were about 2,300 Sino-Soviet non-military technicians serving in the seven countries under review during the first part of 1959, an increase of nearly 50 per cent in a half-year.

6 Most Soviet loans are repayable in 12 annual installments beginning from one to three years after delivery. In the Afghanistan case, 22 annual installments, beginning after eight years, have been stipulated.

7 Many Soviet agreements seem to provide maintenance-of-value clauses for local currency deposits.

8 Except by the barter of strategic materials against surplus commodities.

9 Berliner, , op.cit., p. 38.Google Scholar

10 Dillon, C. Douglas, “Imperatives of International Economic Growth,” speech delivered before the Foundation for Religious Action in the Social and Civil Order, Washington, D.C., January 16, 1959Google Scholar, Department of State Press Release No. 37.