'Iraq is a very wealthy country. Enourmous oil reserves. They can finance, largely finance the reconstruction of their own country. And I have no doubt they will.'
About this quote
- What does it mean?
- Perle argues Iraq's oil wealth should fund its own reconstruction.
- In plain terms
- Iraq has enough money from oil to rebuild itself without outside help.
- What can you take from it?
- Resource-rich nations are often expected to self-fund recovery.
Where it applies
Putting it to work
Questions to consider
- Should resource wealth fund rebuilding?
- Who bears reconstruction costs?
Another view
It ignores the immediate need for external aid during instability.
More from Richard Perle
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