VCE Stuff > VCE Economics
Can foreign aid end world poverty?
brendan:
http://www.ide.go.jp/Japanese/Lecture/Sympo/2007/pdf/easterly_hand.pdf
Rietie:
Didn't read the link.
But my answer to the question is: no.
As long as developed countries continue to live in wealth and luxury, other countries will continue to live in poverty.
brendan:
that isn't a reason
AppleXY:
lol what kind of reason is that rofl. So what you are saying is that if "wealthy" countries grow more wealth, the "poor" countries will enter into greater poverty ? :P
:S
Eriny:
Maybe that if the wealthy countries continue to maintain a similar percentage of the world's wealth, then poor countries will also continue to have a small percentage of the world's wealth?
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