“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.”

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Originally said in English.

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About Iqbal Quadir

Iqbal Quadir is quoted here; further biographical details are not publicly available.

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"During the Cold War, the U.S. instituted a policy of sending money to…" — Iqbal Quadir | Daily Quotes