dollar diplomacy
noun
1
: diplomacy used by a country to promote its financial or commercial interests abroad
2
: diplomacy that seeks to strengthen the power of a country or effect its purposes in foreign relations by the use of its financial resources
Examples of dollar diplomacy in a Sentence
Recent Examples on the Web
Yet the belief in the power of business alone to transform Cuban society—trumpeted by anti-embargo advocates like the U.S. Chamber of Commerce—can indeed sound suspiciously like dollar diplomacy.
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Michael J. Bustamante, Foreign Affairs, 19 Aug. 2015
Paraguay’s presidential election is a referendum on China’s dollar diplomacy in Latin America 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.
—Diego Lasarte, Quartz, 4 May 2023
The bottom line is China’s ultimate objective is to institutionalize Sino-African public-private partnerships by utilizing dollar diplomacy to create an ecosystem to support strategic interests.
—Earl Carr, Forbes, 10 Feb. 2023
The tour was meant as a counterweight to China in a region where Beijing’s dollar diplomacy has bought significant influence.
—New York Times, 30 Nov. 2020
Michael J. Bustamante, Foreign Affairs, 19 Aug. 2015
Paraguay’s presidential election is a referendum on China’s dollar diplomacy in Latin America 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.
—Diego Lasarte, Quartz, 4 May 2023
The bottom line is China’s ultimate objective is to institutionalize Sino-African public-private partnerships by utilizing dollar diplomacy to create an ecosystem to support strategic interests.
—Earl Carr, Forbes, 10 Feb. 2023
The tour was meant as a counterweight to China in a region where Beijing’s dollar diplomacy has bought significant influence.
—New York Times, 30 Nov. 2020
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'dollar diplomacy.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near dollar diplomacy
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“Dollar diplomacy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dollar%20diplomacy. Accessed 26 Jul. 2024.
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