Friday, May 2, 2014
Chapter 13
In this chapter, Wheelan goes into depth about each factor that contributes to economic growth. He makes the point that these factors are simple but complex in the sense that they are hard to achieve for countries that are already struggling. "Instead we should do small, context-sensitive projects with measurable benefits"...creating more opportunities for poor individuals rather than try to transform poor societies". Because these factors are hard to achieve for a struggling country, Wheelan points out that we can do a lot to help individuals which contribute to the factors such as human capital, which will transform the country as a whole (slowly but surely).
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When you help individual people I think that it is much easier to see the benefits!
ReplyDeleteThis is kinda like what I wrote about, the importance of spreading the wealth among people and countries. Some countries need more work then other ones.
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