How does prosperity correlate to government involvement?

Professor Nicolas van de Walle spoke about how high levels of corruption in African countries have impacted the democracy and economic development of those countries. As someone from Bangladesh, I was intrigued to hear that African nations are going through similar struggles. I thought that economic development without democracy was unique to Asian countries but it was interesting to hear otherwise.

It was also insightful to learn that an argument such as, well-off nations should give more money to developing nations, is somewhat invalid because corruption and other factors hinders proportional development to amount of money being given. Hence it is better to donate for education and prioritize education for everyone, because education has been what has proven best to improving living and working standards. Education has the ability to change mindsets and decrease the impact of corruption, so that corruption is no longer able to remain the norm.

One thought on “How does prosperity correlate to government involvement?

  1. I completely agree with your take on educating the public Sayma. My parents are from Peru and I have visited almost every year since I was a little girl. Now that I am older, I see the corruption that goes on in politics, the economy, and where resources are allocated. Luckily, there is a huge push towards providing the opportunity for students to receive college degree in Peru. It truly is the only way to fight back.

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