| The Alliance for Progress can serve as a specific | | | | was concentrated on raw material manufacture. 90% |
| example of how transformation, when related to a | | | | of the territory, which was supposed to be the major |
| certain instructional location and policy difficulty with | | | | basis of profits for countries in Latin America because |
| lack of the impartial investigation, can end up being a | | | | of extreme productivity, was held by 10% minority and |
| complete failure. A large number of objectives placed | | | | used mainly for speculation being set aside. Besides |
| by the Alliance was not simply a random selection; in | | | | that, a steady drop in values for the unrefined material |
| its place, a number of experts, policy makers, and | | | | had made the economic condition in Latin America |
| advisors have been working with the plan and | | | | even worse than is used to be. Coffee, which is the |
| selecting proper means for reaching them. Actually, the | | | | main source of income in countries of Latin America |
| examination conducted was not satisfactory. Coalition | | | | as well showed a stable decline. A decline in price in |
| for Progress was a result of the change in the U.S. | | | | intercontinental prices on coffee with 1 cent caused |
| principles started by Kennedy Administration which | | | | losses of $50 million for countries of Latin America, |
| never succeeded. The Coalition for Progress became | | | | while starting with 1954 the prices went up than twice. |
| a serious letdown of the Kennedy Administration, | | | | As a result, the rate of increase for Latin America |
| because it has grown but still was powerless to | | | | went stridently down. Although in 1940-1950 it reached |
| accomplish the serious aims set by the plan. The | | | | the point of 3.5%, around 1960 before the Alliance for |
| crucial reason of the failure was inability to | | | | Progress, the rank barely reached 1%. With the |
| approximate the range of the problems in Latin | | | | intention of correcting the situation, the Alliance for |
| America and, therefore, impartially estimate the results | | | | Progress developed $20 billion into foreign help to |
| that would be appear after the foreign asset of the | | | | make sure that the rate growth gets to at least 2.5%. |
| $22.3 billion. The annual profits per capita in Latin | | | | It has to be further noted, that intention has never been |
| America in 1960s was around $200 while economy | | | | achieved to the full. |