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machinae
Exploitation is a dangerous word.
Not everything called exploitation, is.

As much as some would like to dump a load of (somebody else's) wealth developing nations and have them complete their infrastructure in a generation, the bottom line is that it doesn't work.

Foreign direct investment is doing it's work to pump wealth into regions that have politically stabalized enough to promise not to immediately nationalize foreign infrastructure.

Whether people like it or not, investment is done by companies with shareholders who put their money in expecting a return. Most of those shareholders are financial institutions managing the money of the middle class.
It's not just Warren Buffet's money that's getting shipped over.

Development takes time, and it's dependant on cost. Foreign laborers work for less. That incentizes investment. Demanding that they be paid more disincentivizes it and slows the foreign investment.

Bear in mind that all nations have some protectionist policies in place to help protect domestic production. If you make foreign investment unattractive through a well-meaning campaign to increase foreign wages AND subsidize domestic industry, the effect, ultimately is harmful to foreign development.

Anyway
There are still lots of countries out there so horribly mismanaged politically that foreign investment is impossible.

Any organization willing to attempt that sort of charity work will be beheaded at the next shareholder's meeting.

What they need, basically, is war. Civil or otherwise.
You can't have a good country run by someone like Mugabe.
You can't grow anything until you till the soil.
This sounds cynical, I know, but sometimes it is inescapably necessary.

Don't be the product, buy the product!

Schweinderl