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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 634 |
Essay's paper body
But, well-funded corporate lobbies can also secure higher prices through privilege by tariffs or subsidies, often granted in return for large contributions to ever more costly political campaigns.
Furthermore, many developing countries are saddled with huge foreign debt. A great deal of money was loaned to the governments of developing nations, under the assumption that their lack of development could be remedied by a huge infusion of capital...
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A great deal of money was loaned to the governments of developing nations, under the assumption that their lack of development could be remedied by a huge infusion of capital. But the capital was not productively used, in most cases. It lined the pockets of corrupt government officials, or purchased weapons, that actually did nothing to increase wealth production...
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