|
|
|
|
|
by someperson
61 days ago
|
|
> 1.2bn people escaped penury in those 25 years, bringing the global poverty rate down from 43% to 13% (using today’s poverty line). Economic growth did nearly all the work. A booming China accounted for about two-thirds of the decline; red-hot India and Indonesia did much of the rest. It looked as though growth miracles might consign poverty to the past. > poverty is now concentrated in places where growth is harder to achieve, and population size is rising fast. Around seven in ten of the world’s poor are in sub-Saharan Africa; the Democratic Republic of Congo, Ethiopia and Nigeria alone account for a quarter of the total. If current poverty rates persist, rapid population growth means that these three could be home to more than two-fifths of the world’s poorest by 2050. The world permanently funding cash handouts in highly corrupt countries sounds like a terrible idea. Sounds much better to investing in infrastructure and improved governance to make the growing issues in sub-Saharan Africa more like the success stories in Asia and other parts of Africa. Harder to steal infrastructure. But obviously still possible especially before and during construction, and after during maintenance contracts. |
|
They're going to replace USAID in the poorest nations, offer more free Chinese education.
In time they'll unseat English as the global language.
The best colleges, by some metrics are already Chinese. Give a few hundred thousand Africans tier 1 free Chinese education and see how global perspectives shift in a few decades.
Next the Yuan will become the world reserve currency.
Edit: Sources are always better than opinions.
https://globalchinapulse.net/confucius-institutes-and-the-sp...