Why do Poor Countries Remain Poor?

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Why do Poor Countries Remain Poor?

How can those developing countries promote their development?? The poverty has so long and gravely sparked concern to the world because many people are experiencing hardship, misery, starvation, and so on. Those people are largely found in developing countries or third world. As far as we could see, the developing countries themselves are working collectively with developed world and international organizations in an aim to alleviate then ultimately eradicate poverty. However, there are a few reasons that could disrupt such cooperation from achieving its goal.

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The causes to poverty in developing countries are various and dependent on different countries. But the most common cause that is pervasively found in every developing world is corruption. The corruption has negatively and greatly influenced the growth and welfare of the country and been also one of the most important matters that developing countries are struggling to deal with. It is mostly spotted in a wide range of different organizations and levels starting from government, private sector, judicial system, education and so forth. It is not difficult to understand why the corruption is so dreadful for a country. The corruption has drained out a large sum of money from national income and international aids. For instance: the BBC news showed that approximately $32 billion dollar of aid used to help solving problem in Afghanistan have not improved the livelihood of the people as yet, for many Afghans are still very poor. The corruption that is prevalent in the government largely receives the blame (BBC news, 2010). The amount of money lost in corruption activities is absolutely enormous. The money could instead be used to help the poor by improving the infrastructure, agriculture, health care system or to build more schools. It is not surprising that many developing countries have worse record of corruption if compared to other parts of the world. Like a survey produced by Transparency international has indicated that many developing countries such as Philippines, Indonesia, Somalia and many others ranked at the bottom which mostly scored around 2 point out of 10. If compare to other rich countries which mostly scored around 9 points such as Singapore, Ireland or UK (Transparency International, 2010).