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I am a 37 years old man who grew up in a very isolated village in Nias Island, North Sumatera Province, INDONESIA. I am the number 3 child (out of 6) of a father who has died in 1977 (when I was still 8 years old) from cancer. Through the hand of a tough hard working mother, I was able to get Bachelor Degree in Geology and Masters Degree (from a not very reputable institute) in Management. Having a quite broad understanding of the difficulties faced by the poor, I decided to dedicate part of my time and ability for social works. But the number one challenge I can hardly overcome for the time beeing is the financial one. Working as an Assistant Manager of Economyc and Business Development for Aceh-Nias Rehabilitation and Reconstruction Bureau (BRR NAD-Nias), as a government bureau of rehabilitation and reconstruction for the Aceh and Nias Tsunami and Eathquake, seems not to be the best short term answer to the victims. I am now looking for advice and support from you all. Many thanks.

2006-11-26 15:26:01 · 6 answers · asked by Fenueli Z 1 in Social Science Economics

6 answers

The MOST important way for poor nations to lift themselves up out of the Third World is the establishment of: (besides the obvious - freedom and rule of law)

Enforceable Private Property Rights. (PPR)

The British established a system of Private Property Rights and the results can be seen in their colonies - the US, Canada, Australia, Kong Kong. Those Private Property Rights were implemented in Japan and Korea after WWII and the Korean War. Now they are well developed.

The best book ever written on this topic is:
The Mystery of Capital
by Hernando De Soto
http://www.amazon.com/Mystery-Capital-Capitalism-Triumphs-Everywhere/dp/0465016146/sr=8-3/qid=1161227163/ref=pd_bbs_3/002-7870909-1100821?ie=UTF8&s=books
I suggest you give it a good look. You would be shocked at the extreme amount of wealth in Third World countries that is simply going unused because enforcable private rights do not exist. If world leaders would take the advice in this book, extreme poverty in this world really would become a thing of the past.

The only way for poor in poor nations to get out of poverty is through PPRs. It is used to establish credit, collateral, and is protected and not stolen by governmnet. Once poor people of poor nations learn that their hard work results in something tangible and protected (private property), it motivates people to be innovative and work harder.

I know this won't be popular, but foreign aid is BUNK. It only teaches people and nations to be dependent. It keeps thugs in power.
Check out this interview with a Kenyan Economist. He will give you a viewpoint that you rarely, if ever, hear.
http://www.spiegel.de/international/spiegel/0,1518,363663,00.html
.

2006-11-26 16:46:16 · answer #1 · answered by Zak 5 · 1 1

This is an ongoing economic and social challenge generic to political leadership. Poverty is more a function of how poor or less than wealthy people envision them self. Industrial and Technical Economics demonstrates that a basic family farmer can sustain a family with access to land. Additional production can be exchanged for items not available on the farm. Wealth is determined by how excessive earnings extend beyond survival subsistance. The interaction of the family farmer and wealthy elite is minimal. Between the family farmer and Industrial and Technical wealth is a division of labor. People within the division of labor have a matrix of opportunities to facilitate their survival and subsistence. This however is different from the family farmer. Few within the Industrial and Technical economic matrix can produce a complete product independent of the family farmer or the wealthy elite. This exposure is the gap. In a representative government "We The People" have the opportunity to maintain survival subsistence balance of the division of labor in an Industrial and Technical economy. Neither Senator McCain nor Senator Obama can take blame or credit for the distance between wealth and poverty. Effective representative government requires participation of citizens. People must educate and politically strengthen them self to guarantee economic survival.

2016-05-23 07:36:49 · answer #2 · answered by ? 4 · 0 0

EDUCATION for the poor. DIY, and encourage others to take a year off to do so. Ideas from person to person are what make for motivation to succeed and pull away from poverty and the cycle of despair.

2006-11-26 19:00:02 · answer #3 · answered by unfinished_adolescent 4 · 0 1

Key is creating well-paying jobs, such as in export-oriented industries.

Non-profit organizations are not very efficient at that, although they are necessary to help establish rule of law, reliable transport and communication.

2006-11-26 15:30:45 · answer #4 · answered by Anonymous · 0 2

Check out www.one.org

2006-11-26 15:50:06 · answer #5 · answered by junglemaster2007 1 · 0 1

what is a reach person?

2006-11-26 15:33:56 · answer #6 · answered by tina 2 · 0 1

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