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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 3 2013: A large part of poverty is actually a state of mind, more than reality. What would be a huge benefit to the poor countries, is to separate themselves from the world economy in general. Become self reliant. Don't use money from other countries. Produce almost all of what they need internally, not get it from trading with other countries.

    The rich bleed the poor. That is how they become rich. So any time you deal with a rich nation, you are getting the life sucked out of your nation.

    The problem can be fixed on a local scale as well. There is lots of ways to solve the problem.

    It is usually a waste of time to try to get governments to do anything. We the people, need to make the change. People just don't accept new ideas, so it is near impossible to get the specific government people to accept them. There's a lot more people, so more chances of success getting people to accept the ideas.

    I think it comes down to the poor, must do it themselves. My plans are mostly centered around using the poor to end poverty. They might do it out of desperation. The rich have no incentive.

    Tony
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      Oct 7 2013: .
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      Yes, you are right!
      "A large part of poverty is actually a state of mind, more than reality"!

      This is because people do not know what the invalid (harmful) happiness is.

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