A Quote by Kay Granger

Foreign aid must be viewed as an investment, not an expense. — © Kay Granger
Foreign aid must be viewed as an investment, not an expense.
Foreign aid must be viewed as an investment, not an expense...but when foreign aid is carefully guided and targeted at a specific issue, it can and must be effective.
There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It is therefore almost inevitably statist and socialistic.
Foreign trade is not a replacement for foreign aid, of course, but foreign aid to a country that doesn't also engage in significant amounts of foreign trade is more likely to end up in the pockets of dictators and cronies.
I would replace most foreign aid with a tax credit for businesses to invest. I think U.S. bureaucrats giving foreign bureaucrats money is a guaranteed failure. And we've had about 50 years' experience at failing with foreign aid.
Aid makes itself superfluous if it is working well. Good aid takes care to provide functioning structures and good training that enables the recipient country to later get by without foreign aid. Otherwise, it is bad aid.
Some people have been talking about - every place I go, they bring up the issue of foreign aid. I go, 'You can't get rid of all foreign aid.'
I do believe that India needs a lot more foreign direct investment than we've got, and we should have the ambition to move in the same league many other countries in our neighborhood are moving. We may not be able to reach where the Chinese are today, but there is no reason why we should not think big about the role of foreign direct investment, particularly in the areas relating to infrastructure, where our needs for investment are very large. We need new initiatives, management skills, and I do believe that direct foreign investment can play a very important role.
U.S. foreign aid must be used more strategically to achieve our national security goals.
Foreign Assistance is not an end in itself. The purpose of aid must be to create the conditions where it's no longer need.
The capitalists of a country which manages to capture foreign markets from other countries are able to increase their profits at the expense of the capitalists of the other countries. Similarly, a colonial metropolis may achieve an export surplus through investment in its dependencies.
Historically Turkey hasn't had much success in attracting foreign investment. Slowly that is changing. There's a tradition of arbitrary decisions by government ministers and senior civil servants, which would ruin businesses from one day to the next, and which has tended to deter foreign investment. That's changing, and convergence with E.U. practices is a good thing in that it improves governance.
...Sound foreign policy is more than arms control, foreign aid and paying (United Nations) dues.
Housing traditionally is not viewed as a great investment. It takes maintenance; it depreciates. It goes out of style. All of those are problems. And there's technical progress in housing. So, new ones are better. So, why was it considered an investment? That was a fad.
Moyo, a Zambia-born economist, asserts that aid is not only ineffective-it's harmful. Her argument packs a strong punch because she was born and raised in Africa. Moyo believes aid money promotes the corruption of governments and the dependence of citizens, and advocates that an investment approach will do more to help reduce poverty than aid ever could.
Government-to-government aid rests on socialistic assumptions and promotes socialism and stagnation, whereas private foreign investment rest on capitalist assumptions and promotes private enterprise and maximum economic growth.
Time is of the essence, particularly if we're sending images out on social media. The reality is that the majority of images are only viewed for a few seconds, often on a phone or computer. There are so many images freely available that it takes a lot of will power to concentrate and prolong the gaze on one picture at the expense of the thousands of others waiting to be viewed!
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