Rich countries are getting richer while poor countries are getting poorer. What is the cause of this? What could be done to solve this problem?

To begin
with, It is a common trend nowadays that there are some drastic changes to the worldwide economy, picturing that the financially strong communities are prospering, while less fortunate states are falling into economic crisis. In
this
essay, I will look into possible causes and provide solutions.
Firstly
, investing in the population’s schooling and medicine has proven to be the main driver of the government budget. Unfortunately, the countries who are struggling with funding these spheres are undergoing evident consequences of illiteracy and healthcare issues, affecting the citizens,
thus
causing less adequate workforce,
therefore
there are fewer taxpayers.
For example
, Canada is investing in ensuring free public education and medical care,
thus
creating a strong pool of tax-paying class. Due to the fact, that core education and healthcare malfunction lead to the worsening of the state’s financial situation – an evident solution to
this
problem is prioritizing these spheres’ funding on a government level by increasing their share in the allocation.
Secondly
, wars are the substantial causes of the rich countries getting richer and the poor ones falling deeper. It is difficult to argue that the war completely destroys the economic life of the nation while causing severe hunger, poverty, destruction of the buildings, roads and utilities.
Nevertheless
, while war is harmful to both sides of a conflict, the rich regions are making fortunes by selling weapons to the arguing armies. A reasonable solution to
this
problem is a careful process of the peace summits and eventually a signed resolution. Another example of how we can solve the issue – the reach countries need to stop selling arms to both parties of the debate. In conclusion, it is hard to argue that stronger and greater economies are flourishing and weaker ones are failing.
This
situation is caused by a lack of affordable education and healthcare as much as by armed conflicts in some parts of the world. The possible solutions would be increasing the budget of priority spheres, bringing the fighting parties to the peace talk table and prohibition of selling the weapons.
Submitted by nurgaziyeva.aliya on

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Topic Vocabulary:
  • financial assistance
  • technological assistance
  • economic gap
  • basic needs
  • healthcare
  • education
  • infrastructure
  • global stability
  • diplomatic relations
  • global cooperation
  • dependency
  • self-sufficiency
  • strings attached
  • political decisions
  • economic decisions
  • sovereignty
  • tension
  • mismanagement
  • corruption
  • intended purpose
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