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During the Cold War, the U.S. instituted a policy of sending money to governments in poor countries to buy their political loyalty. While studies show that sending aid to foreign governments creates allegiance, it does not lead to economic progress.
Iqbal Quadir
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"During the Cold War, the U.S. instituted a policy of sending money to governments in poor countries to buy their political loyalty. While studies show that sending aid to foreign governments creates allegiance, it does not lead to economic progress."
— Iqbal Quadir #moneywealth #politicsgovernment

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During the Cold War, the U.S. instituted a policy of sending money to governments in poor coun…

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During the Cold War, the U.S. instituted a policy of sending money to governments in poor countries to buy their political loyalty. While studies show that sending aid to foreign governments creates allegiance, it does not lead to economic progress. — Iqbal Quadir

About Iqbal Quadir

Iqbal Quadir was a Businessman from United States (1958–present).

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Frequently Asked Questions

Who said "During the Cold War, the U.S. instituted a policy of sending money to governmen…"?
This quote is attributed to Iqbal Quadir, a Businessman from United States.
When did Iqbal Quadir live?
Iqbal Quadir lived from 1958 – present.
What is this quote about?
This quote touches on Money & Wealth, Politics & Government. Browse more quotes on these themes from the categories page.