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Essay text:
Everybody is looking out for their best interest. Both rich and poor countries are trying to get the best out of foreign aid but unfortunately developed countries have more means to succeed. Laws and policies are set in such a way that development is not always the most important goal when foreign aid is allocated.
Historical background
The debt crisis some poor countries are going through right now was partly generated by the Cold War. During that era, countries in Asia and Africa received a lot of money from wealthier nations like United States, and organizations such as the World Bank and the IMF...
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