Post
Topic
Board Economics
Re: How do developing countries end up escaping poverty?
by
Leahized
on 04/09/2025, 13:04:54 UTC
i agree with you, corrupt leaders siphoning off money and stashing it abroad is a huge reason why some places stay stuck, even when they’re economically developed on paper. If the profits from all those exports were actually reinvested into building factories, infrastructure, or even just basic services, it could be a game-changer. Instead, it’s like the country’s bleeding wealth, and folks end up dreaming of bouncing to somewhere else.

You tell me that it is quite interesting with my country. The reason for saying this is that those who control the country economically in my country are the most corrupt. And the country's money is promoted in different countries. In a word, they transfer money to the bank in the most foreign countries to the bank. That is why the people of their own country are most economically affected.  No action is being taken from the government for this. Moreover, the amount of budget when you do one thing. More than that, all the money is spent there and all the money is taken. For the people of my country are the most departed. If you have to get rid of them, then first of all, everyone has to be honest and devoted. Then that country will improve and will be free of poverty.