Rockefeller Archive Center

Rockefeller Archive Center Research Reports are created by recipients of research travel stipends and by many others who have conducted research at the RAC. The reports demonstrate the breadth of the RAC's archival holdings, particularly in the study of philanthropy and its effects. Read more about the history of philanthropy at resource.rockarch.org. Also, see the RAC Bibliography of Scholarship, a comprehensive online database of publications citing RAC archival collections.

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The American Way: IBEC Housing Projects in Latin America

January 1, 2010

Following his service as the Coordinator of Inter-American Affairs for President Franklin D. Roosevelt, Nelson A. Rockefeller left the government to continue efforts to improve the health, education, and infrastructure of Latin America through private means by creating the International Basic Economy Corporation (IBEC). IBEC was a private company, dedicated to the idea that capitalism -- rather than government efforts -- could profitably solve the socioeconomic needs of underdeveloped areas. A 1960s IBEC pamphlet described IBEC's mission: "In order to persuade other private companies in the developed world to contribute to this development role and thus achieve the 'multiplier' effect, IBEC designated profit-making as one of its chief objectives."

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