US aid interventions have greatly advantaged some countries in their quest for development, but not others. The extensive development assistance, technology transfers and market access that the United States government granted Taiwan and South Korea in their development and the aid recently...

The financial crisis that engulfed Asian countries in 1997-98 allowed the United States and the International Monetary Fund to attack the East Asian model of development. In return for needed aid, the IMF required the affected Asian countries to implement deregulatory, free-market "reforms"...