Wednesday, 1 December 1999

From "International Aid"

By I.M.D. Little & J.M. Clifford, p. 23 (London 1965).

[...] once a donor has invested more than some crucial amount in a particular recipient country, its prestige (if not its financial interest) becomes so closely identified with that country's performance that the recipient acquires more influence over the donor than the donor over the recipient. Something of the kind has probably occurred in South Vietnam and Fomosa -- the fact that military strategy is involved does not alter the argument, since if USA prestige were not involved in these countries, their loss would not be of any great strategic importance [...]

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