Tuesday, May 7, 2019

In the current global economic climate, countries with strong Essay

In the current global economic climate, countries with strong economics should subscribe countries experiencing pecuniary difficul - Essay ExampleThere are various reasons to cite for the need of external do from the developed economies. First, developed economies have integrated their labour in that they use machinery and technology. In many underdeveloped economies, near sectors use manual labour in production. This is a setback, as the production is not optimised. For example, most of the unequal economies use manual labourers in farming and in industries. This requires a large number of bulk to effectively enhance production. However, with the help of developed economies the poor countries provide realise the need for sophisticated rule of operations. For example, the poor countries need to incorporate mechanised farming, which will reduce on both(prenominal) time and price taken to prepare and produce agricultural goods. In the mean time, they will have optimised thei r agricultural production, which will improve the economy. Similarly, the developed countries should help poor countries emulate many more modern farming techniques. As much(prenominal), the poor countries will start investing in agricultural inputs including fertilizers and improved breeds as well as seeds. It is noted that agriculture is a strong economic pillar for poor countries. Therefore, this sector will deplumate immense attention especially when developed countries would want to help. ... Improving the agricultural sector will surface way for massive production. This would be a prudent idea since it will help the developed countries in provision of raw materials for production. This will improve both symmetrical and multilateral trade in the world. Apparently, it is realised that many developed countries have many industries that require raw materials. Since these industries need raw materials, improving bilateral and multilateral trade will be a solution to scarcity o f raw materials (Wodon 201234). In essence, both developed and poor economies will benefit from improvement in agriculture, as there will be a balance of trade. In the modern world, global climate change has been a thorny issue. This is highlighted owe to immense increase in pollution of the environment. Apparently, most of the developed countries are spearheading the need to reduce pollution in the world since it has feigned the global climate. However, some of these actions are not reiterated to the poor countries. In fact, countries experiencing financial difficulties have limited resources in controlling pollution. Bizarrely, pollution in some parts of the world would affect the climate, which later affects the whole world. As such, the strong economies should allocate resources to help reduce pollution in the poor economies. This would help in reducing the effects of pollution. It is noted that strong economies in the world are murmuring for better healthcare, improved incom e, better working conditions and improved education systems. However, in the countries faced with financial constraints, such are luxuries. For example, in some of these countries, access to healthcare is a problem. People have to travel considerable distances to access healthcare services. This is

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