Saturday, April 13, 2013

Question: "The best way to alleviate poverty in developing nations is for the richer countries to invest heavily in them." Discuss this view.

Almost half the foundation ? over 3 billion battalion ? live on less than $2.50 a day. Almost half the population of children in the world lives in poverty. Poverty is the identify of having little resources or access to necessities due to them not having equal access to the technology to harvest the raw materials. In chemical reaction to this situation, some had suggested that ?the best mien to all(prenominal)eviate poverty in developing nations is for the richer countries to invest heavily in them.? However, I dissent with this statement as I feel that the best way to mitigate poverty would be to get rid of all the corrupt governments and elect one which truly cares about its people. This is because without this, evening if other countries invest, the poor will not be adequate to(p) to benefit much.

Supporters of this argument state that the best way to alleviate poverty is through heavy(a) investment by richer countries as they feel that through this, the poorer people would be subject to shake off more opportunities to gain jobs which will alleviate them from poverty. One such example is China. Decades ago, China was still pretty much an rudimentary country, however due to the investments from countries such as the United States and, they were able to escape poverty and become one of the largest markets in the world as of today.

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This allowed several Chinese who were jobless to receive fitting jobbing opportunities and improve the standard of living for their families. However, despite the fact that heavy investment provides new and more opportunities for the poor can back up break the poverty cycle, other factors also have to be taken into consideration for China?s success in escaping poverty. These other factors include the fact that China was willing to broadcast up its...

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