The inequality between rich and poor nations is now wider than it has ever been before. What do you think are the main causes of this difference and what do you think can be done to reduce the gap?

One of the most controversial issues today relates to the widening gulf between prosperous and impoverished nations. The following paragraphs intend to delve into the primary causes and offer effective solutions to solve

this

problem. There are

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scores

of reasons that drive to the differences between wealthy and impoverished. It is no denying to say that in today's community, globalization is a double-edged sword that triggers both benefits and drawbacks. While its positive impacts contribute to boosting the global and domestic economy, that inevitably leads to broadening the gap between well-off and deprived countries. Due to the cheap

labor

a social class comprising those who do manual labor or work for wages

labour

exploitation, the more wealthy developed nations become, the more indigent the underdeveloped countries are. ''

brain

that part of the central nervous system that includes all the higher nervous centers; enclosed within the skull; continuous with the spinal cord

Brain

drain'' is considered to be the most crucial problem that results in the severe loss of highly educated

labor

a social class comprising those who do manual labor or work for wages

labour

sources in developing countries. The talented incline to settle and work for foreign

corporations due

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corporations, due

to the large income and perfect conditions to expand the

developed

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development

opportunities. To tackle the issue, the government ought to pay complete attention to improve the domestic economy. The authorities should levy heavy corporation tax on multinational companies to limit the dominating and create a wide range of opportunities for the domestic business growing.

the

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The

business may impose sanctions and provide generous incentive schemes to take exploit the potential

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of

the talent of the own country. In conclusion, from the aforementioned discussion, the growing disparity between the wealthy and the poor create a variety of negative impacts on the community and need to be narrowed by the government thoroughly and prudentially.