The
Alliance for Progress (
Alianza para el Progreso) initiated by President
John Kennedy in
1961 aimed to establish economic cooperation between North and South America. The conditions for the aid from the
United States to
Latin American nations included land and tax reform, more democratic government, and greater stability. While the aid was intened to counter the emerging communist threat from
Cuba, it whithered as the
1960s ended (with few Latin American counties willing to commit to reform, and the program was formally disbanded in
1973.
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