Rich countries are getting richer, while poor countries are getting poorer.

For many years, a big gap has been witnessed between wealthy and underprivileged
countries
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which is primarily due to a couple of reasons. Because of better governance and lesser corruption in the
first
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-world
countries
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, they are achieving higher growth when compared to the
third
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-world
countries
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.
However
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, poor
countries
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can catch up with their counterparts by enforcing stringent laws and committing to reforms.
To begin
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with, rich
countries
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have an immense focus on zero-tolerance policies towards corruption and they have state-of-the-art technologies and machines which provide them faster workflow. Nowadays, modern technologies are the heart and soul of developed
countries
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with regard to their economic status.
For instance
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, Qatar is one of the richest
countries
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in the world in terms of GDP per capita which amounts to $150,000 per annum. The employment rate is almost 100% and the income levels are growing rapidly every year. The wealthy world should support its less fortunate counterpart by funding to build schools for local citizens and
also
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share its knowledge about technology and innovation. By doing so, people of these
countries
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can be more educated and peaceful.
Conversely
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, our world has
countries
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too which are underdeveloped and one of the prime reasons for
this
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is that they do not have enough schools and robust education policies for their countrymen.
For example
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, in Africa, the literacy rate is low because the African
countries
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do not have ample facilities.
As a result
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, their economies are underperforming. In my view, they should learn all capabilities from other
countries
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and attempt to grow. To conclude, rich nations are getting richer, because of their technological capabilities and great leaders.
Nevertheless
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, if wealthy nations support them, less fortunate nations would eventually develop and pace with other
countries
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going ahead.

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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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