Article: Good Neighbor Policy

GOOD NEIGHBOR POLICY

GOOD NEIGHBOR POLICY. The Good Neighbor Policy grew out of the experience of the administrations of Presidents Calvin Coolidge (1923 1929) and Herbert Hoover (1929 1933), but it was formally promulgated by President Franklin D. Roosevelt (1933 1945). In his 1933 inaugural address, Roosevelt asserted, "In the field of world policy I would dedicate this nation to the policy of the good neighbor the neighbor who resolutely respects himself and, because he does so, respects the rights of others." The Good Neighbor Policy centered on nonintervention and noninterference. It also came to be associated with trade reciprocity. By the time ...

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