dollar diplomacy

English - Turkish

Definition of dollar diplomacy in English Turkish dictionary

dolar diplomasisi

dolar yatırımlarını özendirme diplomasisi

English - English

Definition of dollar diplomacy in English English dictionary

U.S. foreign policy created by Pres. William H. Taft to ensure financial stability in a region in exchange for favourable treatment of U.S. commercial interests.The policy grew out of Pres. Theodore Roosevelt's peaceful intervention in the Dominican Republic, where U.S. loans had been exchanged for the right to choose the head of customs (the country's major revenue source). Taft's secretary of state, Philander Knox carried out Dollar Diplomacy in Central America (1909) and China (1910). Pres. Woodrow Wilson repudiated the policy in 1913. The term has become a disparaging reference to the manipulation of foreign affairs for economic ends

diplomacy influenced by economic considerations

advancing diplomatic relations through development of commerce

Hyphenation

dol·lar di·plo·ma·cy

Turkish pronunciation

dôlır dîplōmısi

Pronunciation

/ˈdôlər dəˈplōməsē/ /ˈdɔːlɜr dɪˈploʊməsiː/