The success of the free market model was bolstered, not only by the failures of ISI, but also, precisely during this period, by the failures of socialism in the Soviet Union, Eastern Europe, and throughout the Third World. Hence, although sometimes reluctantly, the Democrat Clinton Administration also embraced the Washington Consensus, and its free-market ideology became the basis of U.S. foreign policy. Since the United States is the biggest donor and tends to strongly influence the policies of the big international lending agencies, the World Bank, the IMF, the Inter-American Development Bank, and other regional development bank also came to accept the Washington Consensus-even though often reluctantly, once again, because many of their personnel are statists and were the main designers of the ISI model. Thus, the “Washington Consensus” came to encompass: the main Washington think tanks, both Repubican and Democrats the U.S. government and its foreign policy, and the big international lending agencies.