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Global productivity

  •  At present, the rich G7 nations tend to look after themselves first and foremost

  • Their focus is on getting richer – on increasing their own, already high, GDP and prosperity levels – they regard it as a disaster if GDP contracts by even 1%

GROW = Rest of World Group

  • Meanwhile, relatively poor GRoW nations stay poor despite receiving considerable ‘overseas aid’

  • Thus the gap between rich and poor nations widens

  • Such gaps also arise within nations – even the rich G7 have their poor citizens and struggling businesses

  • There the rich are getting richer whilst the poor, and many of the middle classes, are getting poorer

  • Plainly, this is wrong

 

 

Global goals

Years ago, the UN announced its MDGs – Millennium Development Goals They were  to be achieved by 2015 There has been considerable, but not total, success in meeting them – both before and after                          MDGs 1. Eradicate extreme poverty and hunger 2. Achieve universal …

Global action needed

Clearly, cash and food aid must always be ready for those nations hit by a disaster and desperately in need After that, however, most G7/ G20 foreign aid should focus on teaching GRoW nations: How to find water, irrigate and farm their land How to provide minimum levels of health care to all How to …

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