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One of the biggest reasons poverty stricken countries stay poverty stricken is because the money is never reinvested. Dubai is a modern example of the Lubeck mo
by electromagnetic 16y ago
One of the biggest reasons poverty stricken countries stay poverty stricken is because the money is never reinvested. Dubai is a modern example of the Lubeck model. There was great potential to improve the land and a supply of outside cash and free-trade/immigration laws provided everything that was needed.
Lubeck was subsidized by Henry, Dubai was subsidized by foreign oil investors. If we want to help African countries, we shouldn't be sending aid in the form of food but in the form of business.
Find an area where a suitable trade port could be established and where rail can easily be constructed to neighboring regions, add money, free-trade and liberal immigration laws and you'll have a major change in very little time.