Sunday, November 30, 2014
Maddie Binning, Chapter 13, Question #4
The solution to fixing the economy of developing countries is not a simple one. While the things Wheelan suggests such as fixing the government and their policies, finding the resources to properly use human capital, and raising up women make logical sense in the fight to bring these countries into the healthy world economy, success is questionable. The many steps it would take to fix a countries financial situation is far more involved than many of these corrupted governments will be willing to take part in. Intervention from other countries often gets messy and threatens to create conflict. For these reasons and others, the success of the developing world depends on the reformation of government in a number of countries hence creating a very involved and difficult path to success.
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