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I agree with you that it seems to be that the powerful nations have created those aid agencies as vehicles for exercising their power and their good intentions are hypocritical. The Washington Consensus was obviously the U.S force to spread Capitalism in the world and this doctrine was intentionally founded to create the system in which powerful nations gain benefits from developing nations. I think that the structure of the existing world is the result of developed nations pursuing their own national interests of economic growth. As long as nations pursue only their own economic benefits, poverty will continue to be a major global problem.
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Sep 30, 2010