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United States economic assistance programmes in Latin America have been frequently restructured since the 1960s. This volume examines the evolution of US aid to the region, describes and explains US aid policy towards Latin America, and accounts for changes in the aid regime since 1960. While US aid policy typically reflects developmental, political and economic motivations, the relative weight of each motive can only be understood through close analysis of the broader historical context. In conclusion, the book reviews the most pressing social and economic problems in Latin America, and advances a set of policy recommendations for reforming United States assistance policy in the 21st century.