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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 4 2013: The countries with the worse poverty tend to have corruption. In natural resource based economies, the profits tend to go to the government and their cronies. This is hard to stop. Compare it to Norway which spreads it NR bounty amongst its entire nation improving schools and healthcare.

    The best way to end poverty and inequity is true democracy, rule of law, education, and base healthcare.
    A good TED talk is linked below:

    http://www.ted.com/talks/niall_ferguson_the_6_killer_apps_of_prosperity.html
    • thumb
      Oct 7 2013: .
      Yes!
      Educate people to quit invalid (harmful) happiness
      ---- the root of all evil.

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