Because of this program, economic assistance to Latin America almost tripled between 1960 and 1961. Between 1962 and 1967, the United States provided $ 1.4 billion per year in the South American continent. Including new investment, aid reached $ 3.3 billion per year.Then in the late 1960s, economic aid to Latin America decreased dramatically, particularly after the election of Richard Nixon5.
Researchers L. Ronald Scheman and Tony Smith calculated that the total amount of aid reached $ 22.3 billion. But it is not total net transfers of resources and development: countries must always ensure debt service vis-à-vis the United States and other developed countries. Finally, the profits returned to the United States for an amount higher than frequently for new investments.