Health‚ education and trade are important for rising countries and their nations. Poor countries in some situations need support from other rich nations. Nevertheless‚ some people hold their opinions that rich countries should take responsibilities trend these nations to help them. Other thinks against this topic. However‚ poor nations should take more responsibility by themselves and depend on their recourses by trading with rich countries to be able to confrontation difficulties such as poverty
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What Makes Poor Countries Poor? In the past century‚ the world has seen countless scientific and technological advancements that have greatly improved the human condition. Thanks to these developments in communications‚ transportation‚ medicine and agriculture‚ the wealth of developed nations has increased at phenomenal rates. Unfortunately‚ not all countries have experienced these benefits. Many nations still have a per capita GDP of $1000 or less. These countries continue to be poor because
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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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between Rich and Poor Countries.:. Introduction: Who are considered the rich and poor countries of the world? Most of the wealthy countries are in the northern hemisphere plus Australia and Japan‚ which is found in the Southern hemisphere. The following countries are mostly considered the wealthiest and most educated with a high standard of living; Canada‚ USA‚ Britain‚ and Germany‚ are just a few of the most developed and wealthy countries in the world. Examples of the poorest countries are;
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Pakistan is not a poor Country but in fact; a Poorly Managed Country Pakistan is a great country with tremendous resources regarding minerals‚ fertile‚ water resources‚ land‚ good industries‚ strong manpower‚ flourishing weather and all those blessings which any developed country can have but false policies and poorly managed plans let it down to the borderline of third world country. An Overview Pakistan is situated in a region where bulk of natural resources is found in its surroundings. Pakistan
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Whether or not rich countries should lend aid for poor ones is an issue that has aroused considerable debate. Some people think that aid brings many advantages for recipient countries‚ such as developing economy‚ reducing unemployment‚ improving the lives‚ … However‚ I think that these nations loss much than receiving. Rich countries lend aid for poor ones‚ first of all‚ always follows by some conditions which are not only about the economy but also about politics‚ culture‚… Receiving the amount
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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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What Makes Countries Rich or Poor? by Jared Diamond |The New York Review of Books. I find the topic extremely fascinating: why do some nations prosper‚ and improve the life of their citizens‚ and others fail? Why do some nations have better education‚ while others are still in endless search of their identity? Some people in modern political economy say that countries succeed because of their natural resources and their control over others. This article brings us to take a closer look
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are three main ways of how aid is given‚ they are bilateral aid (direct country to country)‚ multilateral aid (country to World bank to country) and NGO aid (aid given by Oxfam‚ Red Cross etc non government organizations). Food aid could also be split into long term and short term‚ depending on the situation and the need. Recently‚ cyclone Nargis hit Myanmar on the 2nd of May‚ a poor LEDC in Asia. Their infrastructure is poor and housing was appalling‚ resulting in deaths of over 80‚000 people‚
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trade is in the interest of the world’s poorest countries Free trade has been a much discussed topic since the 1770s‚ when Adam Smith presented his theory on trade and absolute advantages. Most sources argue that free trade will benefit the poor nations in the long run (Anderson et al. 2011; Bussolo et al. 2011; Madely 2000; Winters et al.‚ 2004). How-ever‚ the size of the benefits will vary in terms of which trade reforms are made‚ who the poor are‚ and how they support themselves (Winters et
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