Post
Topic
Board Economics
Re: World economy, what do you think?
by
awik p
on 03/10/2019, 02:26:57 UTC
How much, in your opinion, has international relations influenced the world economy and what do you think about it?
International relations have been one of the factors that helped the United States become a great power over the past decade.  International relations are very important in developing each country's economy.  Think about it, if Dubai only produces oil but cannot sell it to anyone, will it become a rich country like it is now?
Indeed. It is not very much possible to prosper and raise economy of a state without interacting with the rest of the world. Moreover, those countries that are above others in terms of technology basically lay huge impact on developing and under developed countries. Dreaming to make progress in any way without advancing with technological changes like accepting bitcoin and altcoins, and interacting with it’s care takers can hurt economy badly.
In some under developing countries, it is not their priority to always be close to other developed countries in terms of technology because the reality is they are suffering from a different problem and that is why they are mainly focusing on fixing their economy like removing the corrupt politicians, improving their taxing system, making new programs to accumulate more money and so on and so forth.
indeed, to make developed countries in terms of the economy, the government must first improve their system of government, so that there is no misappropriation of the state budget intended for the development of a country. thus the people's trust in the government will arise, so that the people of the government can jointly develop the country