Click to create a comment or rate a document, "Should Rich Countries Help the Poor Countries", Economic growth and convergence in poor countries, Closing the gap between rich and poor countries, World trade organization and how does it help poor countries, Future Economic Stagnation for Rich Countries, Internationalisation Benefits No-One Other than a Few Rich Shareholders, D.H. Lawrence and Other Views on Death - How They May Help Us Deal with Death in Context to Healthcare, How Does Statistics Help Create Medicines, The Globalization Policies in Different Countries, Multinational Companies and Their Impact on the Host Countries, Waterborne Diseases in Developing Countries and Effective Water Treatment Policies, How Intermittent Fasting Can Help You Live Healthier, Should Rich Countries Help the Poor Countries. Carnegie disproved of amassing large fortunes for the sake of amassing private fortune and of ostentatious living, saying: I should consider it a disgrace to die a rich man.. Improvements in health, education and trade are essential for the development of poorer nations. World Trade Organization is also a platform for the negotiation of trade (World Trade Organization, 2006). On the one extreme is the Darwinian survival of the fittest that advocates every man for himself and if you cannot make ittoo bad. My solution to wealth inequality? Band 9 essay sample | The rich nations should help the poor nations. It, also, describes the challenges of poverty globally. The main aims of Internationalisation are to expand sales, acquire resources like technology and information, and to minimize business risks. This paper analyses the strategies implemented by the governments or countries to reduce the gap between the rich and the poor. It is seen that the poor countries often need help from these rich countries in terms of finance and aid. To what extent do you agree or disagree with this statement? It is interesting to analyze the pros and cons of international trade. The purpose of this study is to examine how much significance may be attributed to real exchange rates in assessing differences in purchasing power parity between various countries. He posited that the practice of patriarchal bequest -leaving ones riches to ones offspring in toto -might lead to dissipation rather than industry by the second generation. Welcome to my blog. Hi, I'm Manjusha. Governments can play an important role in reducing inequalities within and among nations. In the world today it is seen that some countries are stabilized whereas some are not. When questioned, I will admit great respect for Andrew Carnegies Gospel of Wealth, in which he addressed the new phenomenon of wealth inequality in the later years of the 1800s. This gap between rich and poor is still growing. It may bring cultural diversity and a sense of tolerance among the people of their own countries. Rather, moderate maintenance should be provided. Debate rages far and wide and to many extremes regarding the problems presented by the reality described above - with the correct strategies to be implemented as solutions. However, the governments of other richer countries should accept more responsibility to help the poorer countries in those areas. Intermittent fasting may sound technical yet it only means going without eating for sometimes. This is my blog where I give IELTS preparation tips. The notion is controversial, as there are indications that Internationalisation does, in fact, benefit other stakeholders as that the leader produces to the members plus the relationship that exist to both will prevent going into troublesome situation that will affect the morale of the group. The remaining wealth, Carnegie held, should be put to use in large-scale efforts that benefited society as a whole, specifically, in schemes designed to reduce the struggle of the poor by giving them the means to better themselves. Nonetheless, in my opinion, this should not be at the expense of developments of their own countries. They can enhance public health by providing advance medical facilities. Well, this question can be answered in both ways. The important factors for developments of poorer countries are enhancement in the area of health, education and trade. This is 100% legal. The poor countries may become strong enough to build a military base January 10, 2017. You may not submit downloaded papers as your own, that is cheating. The remaining wealth, Carnegie held, should be put to use in large-scale efforts that benefited society as a whole, specifically, in schemes designed to reduce the struggle of the poor by giving them the means to better themselves. There is a strong notion that Internationalisation benefits only a few rich shareholders and that it does not very much benefit other stakeholders. These newly-minted CEOs, upon purchase of their small or medium-sized businesses, are instantly in a position to make the decisions that affect both their own best interests and the interests of those they employ. In March of 1912, he met and fell in love with a married woman, Frieda Weekley, nee Richthofen; then six weeks later eloped with her to the Continent. While I show individuals how to do this - typically without risking their own capital -I tend to think that I am helping them to create their own program to help others. This would help their own countries as well. Most of the countries are still confused about the extent up to which foreign participation can be allowed. IELTS essay about financial assistance to poor nations, IELTS essay sample | The rich are getting richer, Band 7.5 essay sample: Developed nations should give financial aid to undeveloped nations, IELTS essay about the advantages and disadvantages of globalisation, IELTS essay sample | Free education will help fight poverty in developing nations. An assessment of the correlation between the two variables will be undertaken in order to determine whether they impact each other in the short and long term. The governments of richer countries can help to poorer nations in the areas of health, education, trade etc. Critiques of foreign participation argue that the big foreign retailers will exploit the wealth of a country and the small scale industries of a country will be destroyed by allowing the entry of foreign business tycoons and MNCs. planning, carrying out and control of economic growth program and individual duties of each partici We have to create good jobs, here at home, for everyone who wants to work (Closing the Gap Between Rich and Poor, 2012). While plumbing services,health spas and auto dealerships may not be on the scale of the Carnegie libraries or educational foundations, they still make a difference in individual lives. Long time back, the tomato was considered as fruit and helped the exporters to avoid taxation but 1893 the Supreme Court put an over this dispute by declaring that tomato was a vegetable and since that time onwards, tomatoes were taxed accordingly. However, this money can be spend for development of under developed and developing countries. Also you should remember, that this work was alredy submitted once by a student who originally wrote it. January 10, 2017. If you find papers matching your topic, you may use them only as an example of work. So I am supposed that I fall somewhere in the middle of the two extremes - making this my small part of the re-democratization of wealth. The new organization stated that its mission is to increase international trade by promoting lower trade barriers. All of the principles and agreements of the General Agreement on Tariffs and Trade were adopted by the new organization, which added approximately thirty more to them. I document my thinking regarding growth via mergers and acquisitions, creative problem solving and the social ethos of democratization of wealth. Some countries are doing a lot to reduce the cases of poverty though they have not fully succeeded. Everybody has the opinion that international trade can help the development of the economy and infrastructure in a country. Should Rich Countries Help the Poor Countries Essay - 1, n.d. https://studentshare.org/english/1569863-should-rich-countries-help-poor-countries-essay. and is considered easier to follow. Waterborne disease is a major issue in developing countries. To what extent do you agree or disagree Due to globalization, many countries are joining their hands with other countries to create win-win opportunities. It is a moral responsibility of the rich to help the poor. It is a moral responsibility of the rich to help the poor. In conclusion, the governments of richer nations should help poorer nations for development and improvement in different areas provided that they have excess funds and resources available to them. To what extent do you agree or disagree Essay topic. However, the governments of richer nations should take more responsibility for helping the poorer nations in such areas. January 10, 2017. Get Your Custom Essay on Why the rich should not pay for the poor It seems that the primary reason for this divide is the lack of positive international trade but the divide may be conquered with the aid of technological knowledge transfer and the evolving approach to helping these countries which are taken by organizations such as the IMF, the United Nations, and the World Bank. Growth is frequently intended in actual expressions, for instance, inflation is the well-known term, with the aim of net out the result of price increases on the cost of the services and goods created. Still the transferring of sea water to different parts of the developing countries could be costly, and extensive water supply engineering is required and a need to manage these water storage and transport facilities is a matter of cost and d stimulation of the sales by means of advertising, personal sales, public relations and various material incentives addressed to consumers, agents and sellers; provision of price conditions, that include planning of the systems and price levels for provided goods, defining technology of price, credit, discount usage; satisfaction of technical and social norms of the region where the products are sold, which means the duty to provide appropriate security of product consumption and environment protection, accordance to moral norms, appropriate level of consumer value of the product; managing economic growth activity as a system, i.e. While I perhaps do not espouse everything Carnegie recommended, I am uncomfortable with the close-fisted possession of wealth by a select few in the face of so many who are struggling to make a sustainable living. 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