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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 25 2013: Health is the basis for the success of any country. That doesn't mean every single person needs to be glowing and living to be 102. This means that each person has basic care and hygiene for themselves. Once health care is provided, education can given and then the country may start to rise out of poverty. The other issue is that we need to be able to get education spread throughout the country, which may be difficult and costly depending on the situation.
    The best way for a nation to get out of poverty would be to provide basic health care, have foreign companies create factories and branches in the country, and then use the money from those companies to build an education system. By becoming a foreign investment, the nation can begin to create a profit and work themselves out of poverty, while at the same time begin to educate the population.

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