Understanding the International Cooperation Administration and Its Impact
Definition & Meaning
The International Cooperation Administration (ICA) was a U.S. government agency that existed from July 1, 1955, to August 13, 1957. It served as a precursor to the United States Agency for International Development (USAID). The primary function of the ICA was to facilitate foreign aid by transferring resources from the United States to developing countries. This aid aimed to support economic development and improve income distribution in these nations.