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Word Count: 712
The gap between rich and poor in the world today In the world of 1995 there are still huge differeces between rich and poor developed and less developed countries But why Who is to blame What can we do about it Many things have been tried out to solve these problems but does it work It seems bizarre that we modern intelligent people have not yet succeded to get rid of the differences between DCs developed countries and LDCs less developed countries We try dont we Every year we grant 2 of our Gross National Product GNP to foreign aid to help the LDCs to get a better standard of living better agriculture more and better schools and hospitals access to health personell medicines etc On the other hand is our standard of living the best for LDCs and the one we should impose on them For instance what is the point of giving complex macinery like tractors and harvesters which need expensive fuel and maintenance to people who have harvested their crops by manpower for hundreds of years We know for a fact that the money we grant is not being used adequately A lot of the money is taken by the governments of the less developed countries and a great amount of the sum are not being used to the purposes they are meant for Bribery and corruption are huge problems in developing countries It makes more sense to dig wells for people who walk for miles every day to get their daily water supply than to support officials with BMWs and grand houses The World Bank was established and a large amound of capital was poured in despite of the fact that the Third World lacked the level of infrastructure the economic and social background and the skilled personnel of Europe The failure of this model of economic development to produce economic well-being and growth for most
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