This is a great summation of of the challenges and opportunities we face with regard to poverty.
It is worth noting that much of the global progress in the fight against poverty comes from one nation only-China. So, in that respect, the battle against poverty isn't quite as one-sided as it appears.
What's lost in this discussion, I think, is land reform. Countries like S. Korea, China, Singapore....etc kicked off their growth spurts by changing the way land is administered/owned. Africa could probably learn some lessons as to how to kick-start growth.
This is a great summation of of the challenges and opportunities we face with regard to poverty.
It is worth noting that much of the global progress in the fight against poverty comes from one nation only-China. So, in that respect, the battle against poverty isn't quite as one-sided as it appears.
What's lost in this discussion, I think, is land reform. Countries like S. Korea, China, Singapore....etc kicked off their growth spurts by changing the way land is administered/owned. Africa could probably learn some lessons as to how to kick-start growth.
Ultimately, some kind of LVT probably make sense.