Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.
Ch. 7, Keynesianism for the rich, monetarism for the poor, p. 158 - Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)