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Response to the post by Victor McLaurin:

The combination of corrupt governments and lack of industrialization in the less developed countries, results in the misuse of financial resources attained by developed countries. Hence the funds which ideally should become a catalyst for the industrialization process are utilized in an ineffective manner by the under developed countries (Bayley, 1966). These investments rarely trickle down to the gross root levels in the under developed countries. However, the industrial capital that reaches the emerging countries is an investment, which will encourage the industrializing process.

Response to comment by Darla Price

The main difference between ...