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What can a poor country do to receive a greater share in world wealth?

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Submitted : 2018-06-14 08:00:14    Popularity:     

Tags: receive  country  poor  greater  wealth  

Open the country. Change the basic nature of their cultures. It starts there. Nearly every if not all nations with despicable rates of poverty, and

Answers:

Open the country.

Change the basic nature of their cultures. It starts there.
Nearly every if not all nations with despicable rates of poverty, and completely and utterly corrupt from top to bottom. They only difference between the haves and have nots, is how good one is at corruption. When peoples from those nations bemoan corruption, it is more a function of their not being able to cash in on it themselves, than the notion of it's existence. Most of the societies are superstitious, and rigid in nature and completely misogynist, stuck in all kinds of restrictive social mores. Exasperatingly inefficient ways abound. With NO desire to change, yet they want a different outcome.
I've worked in third world nations, know people from or still in just about half of the nations of Africa, as well as Iran, Iraq, Mexico, Afghanistan, numerous former Soviet Satellite states. I get my take on what goes on there and why it does not improve from them, not conjecture.
If they want to improve, they do not necessarily change to Western ways, but they do need to change. And it is their refusal to embark on that journey, that will keep them poor, and continue to have astronomically high GINI coefficients.

It depends on the country.
What they could do is moan that 200 years ago someone came in and set up an infrastructure, giving them railroads, a basis of economy etc and when they left (or were kicked out) they just sat back and let it all decay... but now they want reparation

EVERY country that wants a share in the world wealth either invents, builds, designs or grows things that the world wants to invest bucks in. Sitting on your azz in a mud hut will get you nothing but a tiny bit of charity from churches.

Encourage capitalism

Ask Japan.

Have oil.

They can steal. Imperial countries did it in the past. Asian leaches like Korea and Japan just leach off of America's economy and steal from Americans. It's hard to just all of the sudden find money for investment and development and to fund jobs. If you can piggyback off another country, that's the only real way, but the other country is going to lose from it.

Increase the education of its citizens. It takes determination and sacrifice, but anything helps. If you look at the places that call centers are established, they are relatively poor countries, where there are still a substantial number of educated people.

You DONT. First figure out how to fix your own Economy. Hand outs help no one.



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