The Value of a Friend: Foreign Aid in the Post Cold-War Era

The cash-strapped United States spends millions each year to buy the cooperation of nations large and small at the same time lawmakers propose cutting welfare and Medicare for its own citizens. What do we get for our foreign-aid dollars now that the Soviet Union poses no serious threat? Historian Ralph Ostrich of Northern Virginia Community College joins Simon Serfaty, professor of international politics at Old Dominion University, for a discussion on foreign aid and public policy in the post Cold-War era.