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Some poor countries are able to bootstrap themselves out of it though. The article cites China, Taiwan, South Korea, Botswana, Chile, India, Mauritius, and Sing
by dschobel 17y ago
Some poor countries are able to bootstrap themselves out of it though. The article cites China, Taiwan, South Korea, Botswana, Chile, India, Mauritius, and Singapore as countries which historically were chronically poor and now are some of the fastest growing economies in the world.
- eru 17y agoAnd they all share relatively competent and honest government (to some extent) nowadays. Europe also picked itself up quite well after the second World War, perhaps because people there knew how to run a country with some efficiency?