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Bank of America Military

PDF: U.S. ECONOMIC AND MILITARY AID TO LATIN AMERICA

Download 13 times Source: www.stlawu.edu // Topic: Bank of America Military File Size: 98.04 kb // Total of Page: 6 Page(s) Last download by sahelms Last download on: 3 months ago Share this info: Sample of page (click to enlarge) Short Desciption: than Latin American interests. On the other hand,. multinational institutions like the World Bank and. IMF do not give any military aid; they focus entirely ... Content Inside: U.S. ECONOMIC AND MILITARY AID TO LATIN AMERICA Anthony Symancyk (07) and Benjamin Sears (07) for democracy and freedom. 3 One of the most important programs the U.S. is using to promote Latin American independence is called the Millennium Challenge Account (MCA). The MCA is set up so that countries in need are given aid as long as they work toward the goals of reducing corruption and increasing investment. El Salvador is a country which has the potential to benefit greatly from signing an MCA agreement. With the restructuring of aid by the Bush administration, total economic aid provided to El Salvador will fall by fifteen million dollars in the 2006 fiscal year; but, according to Secretary of State Condoleezza Rice, by signing an MCA El Salvador could receive a "substantial increase" in aid from the U.S. 4 At the same time that El Salvadors economic aid is being cut, its military