what are some problems that could arise from taking money from rich nations and giving it to poor ones???

Answer 1

tHERE ARE NO PROBLEMS IN MONEY FLOWING FROM RICH COUNTRIES TO POOR COUNTRIES. The rich people are always in search of avenues for investment. Poor countries trying to develop economically can be good avenues for investment by the rich people in the rich world. These investors want freedom to enter and exit and proper investment climate like proper legal system, stability of the political system, good law and order, enforcement of laws and friendly behaviour by local authorities and people. Unfortunately many poor countries are not able to provide this because the poor are always afraid of the rich foreigners and percieve that the rich nations will take away their soverignty. This inferiority complex and the unwillingness to compete internationally by developing competence and skills stand in the way of huge flow of capital from rich countries to poor countries. The other great problem is the poor countries are all ruled by all powerful govts. which want to control everything in the economy. On the other hand the govys of rich countries do not have all the money to invest: the richer people and compasnies in rich countries are those who want to invest. In their own countries these companies and investors do not have tod deal with govts of their countries when they are investing. So they are very allegic to all powerful govt.s in poor countreies trying to negotiate with themand dictate them. The problem is not of money but of attitudes. Till such time poor nations think that the foreigners are all cheats and trying to exploit poor countries (as if the poor countries have lot of wealth), the advantage of international private capital in poor nations' development will remain halted and limited.

Answer 2

The money generally ends up being stolen by the government officials and not being used for the wellfare of the people. It helps to keep the governments friendly to the rich nations, but often keeps corrupt, inefficient and outright criminal governments in power. Net result - more misery for the population.

Answer 3

it also makes rich countries into poor ones, not just because you take money away, but because people do not bother making money anymore - since it will be taken away from them.