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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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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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 are
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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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"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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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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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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Question 1: The Rich and the Poor The term poor refers to the people who do not have enough wealth to feed and cloth their families‚ on the contrary the term rich refers to the people who possess wealth and are capable of buying the luxuries for them. Poverty exists everywhere‚ and‚ unfortunately‚ in the third world countries its magnitude is substantial. Every year‚ millions of people in underdeveloped countries die because of starvation or various diseases. (Sen and Foster‚ 2007) It is common
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Why is the Rich Superior to the Poor? There is a significant difference between the rich and the poor. Being wealthy gives you the opportunity to become more secure and independent. However‚ those in poverty are less likely to be independent because of their lack of money. Day by day‚ people are on corners of the street pleading for money or necessities to get them “back on their feet.” The rich will always be above those who do not have the ability to provide for themselves or their family.
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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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