Posts Tagged: financial flows

When the Betting Goes Bad

A review of "Bad Money: Reckless Finance, Failed Politics, and the Crisis of American Capitalism," by Kevin Phillips (Viking, 2008).
A common flaw in U.S. foreign policy is the politicization of foreign assistance. Whether Republican or Democratic, U.S. administrations allow narrowly defined "national interests" - instead of needs, priorities, and realities in a given country - to dictate foreign assistance. And Rwanda is an excellent case in point.
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