Western business has shrunk, but commercial loans and sub- sidized loans from institu- tions like the World Bank have not. Overall, a re-markable $1.8 trillion in capital flowed into the Third World between 1956 and 1986. The only plausi- ble explanation, Eberstadt notes, is that Third World governments "are being held to a lower standard of economic performance than those facing their own citizens, international busi- nesses, or the governments of Western countries." That allows the govern-...