As trade and investment between countries have developed over the last 50 years, some countries have increased their wealth greatly, while others have not benefited very much. It is clear that it is now necessary for richer countries to help less well-off countries to develop.
Most importantly, if richer countries assist poorer countries, perhaps by giving them aid, sharing their knowledge, or by allowing them to export their products to the richer countries, the lives of millions of people will be improved. With additional income and expertise, poor countries could improve their health, transport and education systems and create extra jobs, improving the lives of their citizens.
Richer countries could also benefit. As other countries become wealthier and more developed, markets for the products of richer countries, such as banking services, luxury items and education courses will increase. If they have more money, poorer countries might also invite companies from richer countries to become involved with construction projects or consultancy. In addition, various problems that affect wealthy nations, like movements of people looking for better living conditions, may be reduced.
Finally, equality between countries creates international friendship. When countries assist each other, ideas are exchanged and people move between countries, increasing knowledge and awareness of other cultures and ideas. Such exchanges help to improve relationships between countries and, provided richer countries do not expect too much in return for their help, lead to a reduction of suspicion and distrust.
In short, there are significant economic and political benefits when countries with many resources offer help to others. Rather than being an act of charity, such help is an investment that can benefit everyone involved.
As trade and investment between
countries
have developed over the last 50 years,
some
countries
have increased their wealth
greatly
, while others have not benefited
very
much. It is
clear
that it is
now
necessary for
richer
countries
to
help
less well-off
countries
to develop.
Most
importantly
, if
richer
countries
assist poorer
countries
, perhaps by giving them aid, sharing their knowledge, or by allowing them to export their products to the
richer
countries
, the
lives
of millions of
people
will be
improved
. With additional income and expertise, poor
countries
could
improve
their health, transport and education systems and create extra jobs, improving the
lives
of their citizens.
Richer
countries
could
also
benefit. As
other
countries
become wealthier and more developed, markets for the products of
richer
countries
, such as banking services, luxury items and education courses will increase. If they have more money, poorer
countries
might
also
invite
companies
from
richer
countries
to become involved with construction projects or consultancy.
In addition
, various problems that affect wealthy nations, like movements of
people
looking for better living conditions, may be
reduced
.
Finally
, equality between
countries
creates international friendship. When
countries
assist each
other
,
ideas
are exchanged
and
people
move
between
countries
, increasing knowledge and awareness of
other
cultures and
ideas
. Such exchanges
help
to
improve
relationships between
countries
and, provided
richer
countries
do not
expect
too much in return for their
help
, lead to a reduction of suspicion and distrust.
In short, there are significant economic and political benefits when
countries
with
many
resources offer
help
to others.
Rather
than being an act of charity, such
help
is an investment that can benefit everyone involved.