Abstract

Eisenhower administration took office, adhering to the traditional Republican economic policies that tighten government expenditure, limiting the size of government spending; in foreign economic policy, it is advocated free trade policy, foreign economic aid to reduce the size, the implementation of the so-called "trade rather than aid "policy. In the first Eisenhower administration, not only for the Truman administration's foreign aid agencies made ​​a major adjustment, but also greatly reduce the size of foreign economic aid. Eisenhower administration's foreign economic policy adjustments, in addition to the impact of policies by the Republican tradition, but another important reason is troubled by ideological factors, namely, whether the U.S. economic assistance should be used to help recipient countries to develop national economy. After having assumed the reins of government, Eisenhower administration inherited the Republican traditional economic policies, which were to retrench financial expenses of government, and restrict the scales of government expenditure. At the aspect of foreign economic policy, the government adopted the free trade policy, reduced the scales of foreign economic aid, and implemented the so-called "Trade not Aid" policy. During the first Eisenhower administration, the government not only regulated foreign aid institutions of Truman government, but also reduced the scales of foreign economic aid greatly. In addition to the Republican traditional policy, reforms of foreign economic policy during Eisenhower administration were also influenced by the factor of ideology, which was the question whether American economic aid should be used to help benefit countries to develop state-owned economy