Unctad's latest report says aid should be used to make poorer economies more productive and boost wealth creation...Almost none of them have a PSP, an iPod, or even a Razr. A lucky few have SUVs but not the almighty status symbol of a Hummer.
"If countries do not invest in infrastructure, they are not going to sow the seeds for growth and development in future."
I can't help but laugh at any article about world poverty that talks about GDP, paradigm shifts, and wealth creation.
"There are 600 million people in these countries. They have to develop and we have to help them. It's a moral, ethical, economic and political issue... Poverty reduction needs wealth creation."Of course I have a better solution because I am an ego maniac running for top office and writing a blog. Abolish wealth to obliterate poverty. They are talking about some people having more money than other people. If you're really concerned about that, do away with money and the problem is solved.
People hate simple answers.
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