Many economists and other experts in relative fields argue about the nature of the continuously growing difference between economically-developed nations and other ones which do not have such a stable and the valuable economy base to call them rich. There are many issues to be solved before these countries will be called developed, but there are much more "receipts" to choose from to solve this a truly global problem.
Joseph Stiglitz, a Noble prize winner economist, strongly insists that one of the best solution for this issue is to develop and implement a what he calls "global wealth tax". In his scientific publications, he supposed that both rich individuals and selected countries must pay a special fee if they have too much of financial resources in order to help poor nations, mainly in Africa and Latin America, to reduce the poverty and give them a chance to acquire enough instruments to build and maintain a strong infrastructure base for future economic activities (e. g. , power plants, universities, factories, airports, etc. ).
On the other hand, other entitled economists continue to believe that such a tariff will not help to solve this issue. In their opinion, people and people and nations with substantial economic resources could try to avoid paying this duty by using, for instance, various schemes involving "tax havens". Moreover, it is also difficult to create and incorporate such a legislation in so many jurisdictions across the globe. These experts say that the main routes of the observed inequality between nations are the lack of human capital and political instability. So, they propose to help these countries by assisting them in building their educational systems and solving their internal political problems.
In conclusion, it is obvious that there are a lot of the causes of the inequality between rich and poor countries simultaneously in the different aspects of their economic, political and social structures. There are several approaches how to solve these issues, Notwithstanding, all of them require a close and effective communication and collaboration between many members of the global community.
Many
economists and
other
experts in relative fields argue about the nature of the
continuously
growing difference between
economically
-developed
nations
and
other
ones which do not have such a stable and the valuable economy base to call them rich. There are
many
issues
to
be solved
before
these
countries
will
be called
developed,
but
there are much more
"
receipts
"
to choose from to solve this a
truly
global problem.
Joseph
Stiglitz
, a
Noble prize
winner economist,
strongly
insists that one of the best solution for this
issue
is to develop and implement a what he calls
"
global wealth tax
"
. In his scientific publications, he supposed that both rich individuals and selected
countries
must
pay a special fee if they have too much of financial resources in order to
help
poor
nations
,
mainly
in Africa and Latin America, to
reduce
the poverty and give them a chance to acquire
enough
instruments to build and maintain a strong infrastructure base for future economic activities (
e. g.
,
power plants, universities, factories, airports, etc.
)
.
On the
other
hand,
other
entitled economists continue to believe that such a tariff will not
help
to solve this
issue
. In their opinion,
people
and
people
and
nations
with substantial economic resources could try to avoid paying this duty by using,
for instance
, various schemes involving
"
tax havens
"
.
Moreover
, it is
also
difficult to create and incorporate such a legislation in
so
many
jurisdictions across the globe. These experts say that the main routes of the observed inequality between
nations
are the lack of human capital and political instability.
So
, they propose to
help
these
countries
by assisting them in building their educational systems and solving their internal political problems.
In conclusion
, it is obvious that there are
a lot of
the causes of the inequality between rich and poor
countries
simultaneously
in the
different
aspects of their economic, political and social structures. There are several approaches how to solve these
issues
, Notwithstanding, all of them require a close and effective communication and collaboration between
many
members of the global community.