Abstract:For some reason, ceitain Filipino leaders have recently taken a critical view of the American aid program in the Philippines. So far as I can gather, the principal bases for the criticism are: (i) the total amount spent in dollars is disproportionately small in relation to the counterpart peso funds (two pesos equal one dollar); (ii) much of the peso expenditure is used for the benefit of American experts; (iii) in not a few cases, these so-called experts are not really experts at all, but people with relative… Show more
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