Neoliberal foreign policy  Western dominance leads to economic policies and loan conditions rooted in neoliberal economic principles, like austerity measures, which overemphasize cutting public spending. These often actually end up badly hurting developing economies, increasing inequalities and poverty (Malawi is a prominent example) [1] . Argentina’s economic collapse attests to that [2] .  [1] Hari, Johann. “It’s not just Dominique Strauss-Kahn. The IMF itself should be on trial”. The Independent. June 3, 2011.   [2] -- “Economic debacle in Argentina: The IMF strikes again”.