General Discussion Undecided where to post - do it here. |
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#21 |
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#23 |
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#24 |
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Oerdin- do you really think you can produce US-equivalent levels of consumption across Africa? I don't. The key is getting foreign investment and good governance so that the basic building blocks can be put into place. This thread deals with one half of that equation. |
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#25 |
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The key is getting foreign investment and good governance so that the basic building blocks can be put into place. This thread deals with one half of that equation. I'm doubting much tax revenue will find its way into government coffers, while the people dispossessed will be worse off on the whole. |
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#26 |
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#27 |
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I agree that there should be political reforms to minimize corruption and outsiders should do all they can to help this along but there is a limit of what we can do unless we're prepared to invade and institute regime change. China is a very corrupt and autocratic country but never the less foreign investment has greatly improved the standard of living there so I would say foreign investment by itself can play a very important role simply because the money is addicting so countries modify their behavior in order to attract more of it.
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#28 |
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#29 |
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#30 |
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Example please because average income and standard of living has been going up in Latin America for decades. Enjoy. |
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#31 |
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#32 |
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#35 |
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