Friday, February 20, 2009

0.7%: The 1st World's Hypocrisy

In 1980, many States agreed to use 0.7% of their GDP to develop the Third World. Only four of these States have achieved this objective and Spain, as you might suppose, is not one of them.

Anyway, the only purpose of this measure is to pretend the governments of 1st World are worried about the problems of developing countries. Besides, most of these developing countries are governed by corrupt dictators. I think giving money to them is the worst way to help people who live in these States. And, honestly, I cannot believe our politicians think in the other direction.

On the one hand, our governments give money (our money) to these dictators telling us it's to develop the Third World. On the other hand, they put duties taxing every product from the developing countries and "they" give (actually, it's our money what they give) edowment to our agriculture.

In my opinion, the only way to help these countries is to let them develop themselves. And it will only be possible if the First World removes those duties and subventions. I know it would mean the unemployment of most of our farmers, but it's the only way to let their products become competitive in our market and, besides, it would improve the efficiency and benefit consumers.

After all, I think it's stupid to invest most of the budget of the European Union in subsidizing agricultural products that are going to be burnt. But it's another question we will talk about in the future.

James Wilkinson

2 comments:

Nuria Vidal said...

You seem to know what your talking about! Well done!

Here are a few minor comments:

-to develop THE THIRD World.
-the problems of THE developing countries
-I think giving money to THEM (BETTER THAN TO "IT")
-it's to develop THE THIRD World
-taxing every product FROM developing countries and "they" give (actually, IT is our money what they give) subventions to our agriculture.
(I find the word subvention a bit weird, here. Even though it exists in the US people would tend to use "endowment")
-if THE FIRST World removes...
-of the European Union in subsidizING agricultural products

Rip Van Winkle said...

Hi Jim,

Thank you for your comment, and yes I think I need to understand waht capitalism is about.