Why are some countries rich while others remain poor? How does globalization contribute to the wealth or poverty of nations? To tackle these questions we have to recognize that both are very open and it is probably very hard to have a definite answer. My purpose with this essay is to analyze what I consider to be the most important aspects of these questions taking into account my research‚ background and experiences. I will try first to address both questions and at the end present conclusions
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Book Review How Rich Countries Got Rich and Why Poor Countries Stay Poor By Erik S. Reinert The book How Rich Countries Got Rich and Why Poor Countries Stay Poor is written by Erik S. Reinert and it is published in 2007. Reinert is a 62-year-old Norwegian economist who specializes in development economics and economic history (Wikipedia). Reinert attended the University of St. Gallen in Switzerland (where he studied economics)‚ Harvard University for MBA‚ and Cornell University
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RESERCH PROJECTRESEARCH PROPOSAL Health‚ lifespan and economic growth: Why some countries are rich while others poor? Health‚ lifespan and economic growth: Why some countries are rich while others poor? Motivation for the research With the rapid economic growth‚ it seems that people become better off. However‚ according to global economy trend and current circumstances the gap between the rich and the poor is larger and large‚ which leads to unequal distribution of wealth
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Why are some countries rich and other countries poor? Introduction- In today’s society‚ money is more consequential than ever. There are more billionaires today then ever before. However the reality is that most of the world still lives in complete poverty; an estimated 40% of the world still lives on less then 2$ a day {1 (January 2013 Written by Anup Shah)} and almost 75% of children world wide do not get secondary level education. However 200years ago‚ the average income around the world was
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should rich countries help the poor countries? There is so much debate surrounding the issue of rich countries should help the poor countries. Proponents think that rich countries should help the poor countries because loaning money to developing countries aids can helping them improvement the situation from poverty and disease. Opponents‚ think that the money doesn’t go for the place where they needs and the debt is a lot of pressure for the poor countries. In my opinion‚ that rich countries
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I have mixed feelings about whether rich countries should help poor countries or not. There are different reasons why I believe that they should‚ and different reasons why I believe that they should not help. Rich countries should help poor countries because if things were reversed they would want help. Opening up trade barriers so that poor countries can sell their goods is another good way to help. Rich countries could also send money to help pay off debt. People have no idea how lucky they
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"Oh my God look at this rich countries just sitting there and watching the poor countries suffer."Don’t you think that this rich countries should wake up and start doing something to help these poor countries such as Haiti due to the Earthquake it went through and also many other countries. One reason rich countries should help these poor countries is because if you take Haiti for example after the earthquake they had in 2010 there were many damages done to people and land because Many buildings
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POOR COUNTRIES ARE POOR BECAUSE THEY ARE POOR Poor countries are poor not because they are poor but because they lack the essential resources which are significant for economic growth and development. The African continent is considered as the poorest continent in the world. This is due to political instability which tends to scare away investors thus stunting economic growth of a country. Some of the reasons as to which developing countries are poor are; corrupt governments‚ low illiteracy levels
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Should Rich Countries help Poor Countries Since centuries‚ the world is divided into rich and poor countries‚ referred today as developed and developing countries respectively. However since a few decades‚ along with the acceleration of technological progress‚ developed countries are witnessing rapid economic development‚ thus growing wealthier‚ while the conditions of poor countries are worsening and they are depending heavily on debts which have attained unbearable proportions. Consequently
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Rich countries should help poorer countries With the development of technology and business‚ the world become smaller and smaller. Many countries in economically developed. However‚ there are still many countries are poor. These people in poor countries need help‚ and many rich countries can give a hand to the poor countries for two reasons. One is to promote the communicatin on many aspects likes culture and trade. The another one is to stimulate the development of poor countries to support people’s
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