Explain why there is a need for world development Essay -- Economics

Explain why there is a need for world development I believe that world development is needed for the following reasons: Â · In the world today, richer countries are the rulers and poor countries their slaves, for they do not choose to be indebted to the rich countries and they have repaid this debt back, however it is only in interest. The rich countries cannot seem to let go of the money given to them by the poorer countries, it's these repayments that cripple the poorer countries' economies and make sure that they can never be anything more than poor. In Timothy 6v10 it says 'For the love of money is the root of all evil' and that many people have 'broken their hearts with many sorrows', what the bible is teaching here is that money can corrupt people, and sometimes people who have money care about it more than they care about other people. This is what I think has happened to the rich countries, they are so blinded by their own greed that they do not recognise others needs until it becomes so obvious they cannot ignore it any longer, like the famine in Ethiopia. ..