Economics of developing countries
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Although institutions such as the IMF and foreign governments have dominated the world scene in terms of aiding the developing world, Nongovernmental Organizations (NGO)s are also fairly old institutions, and encompass such well-known organizations as Oxfam and the Rotary Club. NGOs often have values of social justice to uphold as part of their mission statements. Unlike foreign governments, their aims are specific and theoretically less self-interested, and unlike the UN, IMF, and World Bank, they do not strive to advance a particular ideology or broad world interest. They often have a particularly defined mission, although some NGOs missions are broader than others. NGOs aims may encompass the relief efforts of the Red Cross, conserving the environment, contributing to development projects or simply battling with governments over human rights issues (NGOs, BBC, 2009). For this latter type of cause, many governments find NGOs a nuisance or even a threat to their interests, although the same contention could be made about foreign aid that is contingent upon the government taking certain economic actions (NGOs, BBC, 2009). However, other governments appreciate the hands-on approach of NGOs, who offer immediate assistance as well as financial aid where it is needed
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