Aid in a System of Taxes and Prices—Cambodia
Between 1971 and 1975, United States aid became the dominant factor in nearly every aspect of the economic and political life of the Khmer Republic. The amount of aid and the policies governing its use determined the patterns and level of consumption of the people, the income distribution, the degree of inflation, and the amount of resources the government was able to acquire in its pursuit of objectives associated with the war. It also greatly influenced the internal political relationships of the Khmer ruling groups as well as relations between these groups and the United States Embassy.
KeywordsExchange Rate Foreign Exchange Money Supply Government Revenue Black Market
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