{"id":104,"date":"2007-07-03T08:17:23","date_gmt":"2007-07-03T15:17:23","guid":{"rendered":"http:\/\/blog.oliverhansen.com\/index.php\/2007\/07\/03\/what-keeps-poor-countries-poor\/"},"modified":"2007-07-03T08:17:23","modified_gmt":"2007-07-03T15:17:23","slug":"what-keeps-poor-countries-poor","status":"publish","type":"post","link":"https:\/\/blog.oliverhansen.com\/index.php\/2007\/07\/03\/what-keeps-poor-countries-poor\/","title":{"rendered":"What Keeps Poor Countries Poor"},"content":{"rendered":"<p><a href=\"http:\/\/www.reason.com\/\">Reason Magazine<\/a> has an article titled <a href=\"http:\/\/www.reason.com\/news\/show\/33258.html\">Why Poor Countries Are Poor<\/a>. I wasn&#8217;t sure what to expect when reading it but it does cover some things that anyone who&#8217;s tried to help development in a poor country will notice right away. I found this paragraph to sum up the major points:<\/p>\n<blockquote><p>There&#8217;s no point investing in a business because the government will not protect you against thieves. (So you might as well become a thief yourself.) There&#8217;s no point in paying your phone bill because no court can make you pay. (So there&#8217;s no point being a phone company.) There&#8217;s no point setting up an import business because the customs officers will be the ones to benefit. (So the customs office is underfunded and looks even harder for bribes.) There&#8217;s no point getting an education because jobs are not handed out on merit. (And in any case, you can&#8217;t borrow money for school fees because the bank can&#8217;t collect on the loan.)\n<\/p><\/blockquote>","protected":false},"excerpt":{"rendered":"<p>Reason Magazine has an article titled Why Poor Countries Are Poor. I wasn&#8217;t sure what to expect when reading it but it does cover some things that anyone who&#8217;s tried to help development in a poor country will notice right away. I found this paragraph to sum up the major points:<\/p>\n<p>There&#8217;s no point investing in [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[279,51],"_links":{"self":[{"href":"https:\/\/blog.oliverhansen.com\/index.php\/wp-json\/wp\/v2\/posts\/104"}],"collection":[{"href":"https:\/\/blog.oliverhansen.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.oliverhansen.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.oliverhansen.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.oliverhansen.com\/index.php\/wp-json\/wp\/v2\/comments?post=104"}],"version-history":[{"count":0,"href":"https:\/\/blog.oliverhansen.com\/index.php\/wp-json\/wp\/v2\/posts\/104\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.oliverhansen.com\/index.php\/wp-json\/wp\/v2\/media?parent=104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.oliverhansen.com\/index.php\/wp-json\/wp\/v2\/categories?post=104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.oliverhansen.com\/index.php\/wp-json\/wp\/v2\/tags?post=104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}