Horizontal Marketing…Give It A Try

Posted on 17th January 2009 by Heather in Finance - Tags: ,

A Heightened Contrast

Posted on 7th November 2008 by Lina in Finance - Tags: , , , , , , , , , , , , , , ,

PovertyThere is a heightened contrast between the urgency shown by the rich countries to tackle the ongoing financial crisis, and the slowness with which they have to come to the aid of poorer countries. As the large economic governments rush to the aid of each other, throwing around billions of dollars to secure large companies; the poor third-world countries are experiencing broken promises over aid schemes and development.

The fragility of many of the poor countries in the world is under threat, and for many of these people it is a case of life and death. While the rich governments throw around billions of dollars to re-capitalize their banks and bail out insurance companies, these countries have been forgotten and their situations put on hold. The amounts of money that have been used to bail out failing banks and insurance brokers equal billions of dollars more than the poor countries would need in a year to ensure health and development.

While the entire world is undergoing a financial crisis, it appears that the poorer countries have been put second and their entire existence put under threat. Much of the good that aid schemes have done for the poorer countries will become undone, as the economic and social welfare of these places start collapsing. Global stability can only be achieved by the world as a whole, and forgetting the fate of the poorer countries is not an option.