The Good Neighbor policy was the foreign policy of the administration of United States President Franklin Roosevelt towards Latin America. Although the policy was implemented by the Roosevelt administration, President Woodrow Wilson had previously used the term--but subsequently went on to invade Mexico. Senator Henry Clay had coined the term Good Neighbor in the previous century. The policy's main principle was that of non-intervention and non-interference in the domestic affairs of Latin America. It also reinforced the idea that the United States would be a “good neighbor” and engage in reciprocal exchanges with Latin American countries. Overall, the Roosevelt administration expected that this new policy would create new economic opportunities in the form of reciprocal trade agreements and reassert the influence of the United States in Latin America; however, many Latin American governments were not convinced.

Read full article on Wikipedia · CC-BY-SA