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Jaime Mogollón Michilot

Economic Student,

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How we can reduce poverty and inequality in developing countries?

I'm from Peru. A developing country. We are having a good perfomance in our economy, but we have to face a non resolved problem. One to 3 peruvians live on poverty conditions (see the link for wikipedia information bit.ly/17qs4Rw) .
How we can face this problem?

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  • Oct 2 2013: im from South africa and i am currenty living in the U.S.A and what i noticed to be the sticking point is the fact that in my country most people want to work for money instead of make money . but then again it is not really the peoples fault as governments and banks in my country make it difficult for people to fund business and explore their innovative ideas. since most people have to fight for jobs what happens is that those who can afford a better education (the rich) can get the better jobs and those with less education cannot and since they cant really start successful businesses their children are likely to suffer the same fate.

    i believe governments should find a way to make education more affordable or make it easier for people to obtain business loans.because there is no use of having a huge labor market but low demand as there are not enough employers

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