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I don't know. Poor countries are often poor because of corruption. International courts might aleviate that and reassure foreign investors. Might introduce corr
by hartator 10y ago
I don't know. Poor countries are often poor because of corruption. International courts might aleviate that and reassure foreign investors. Might introduce corruption at a different level though.
- ThomPete 10y agoThe primary problem for poor countries is lack of access to western markets. European and American companies can sell their products cheaper in Africa than african farmers can in their own countries. African farmers have very little access to western markets because of toll barriers.
- TheSpiceIsLife 10y agoSmells like corruption to me. Why allow un-tariffed imports, or not have a trade agreement? Somebody probably has their hand jammed quite tightly in the cookie jar.
- ThomPete 10y agoCorruption in many african countries is a byproduct of the fact that their countries are depending on aid and NGO and the money from these donors can be used for corruption and straight out fraud. It's not the African countries that don't want the trade it's the Europeans and Americans who have an interest in keeping their farmers occupied.