Site Loader

The United States has had a very rich history of government involvement, and has been a superpower for many countries to follow. According to Brooks.edu the United States led the world in International Monetary Fund, which was launched after World War II. This fund provided emergency funding to countries with temporary balance-of-payments problems. Along with this the United States helped make the World Trade Organization during 1995, and this organization helped settle trade disputes between countries. Today the United States imposes zero or a low tariff tax with our relatively open borders which keeps inflation low, and gives other countries a better deal to trade with us. In the future I think that the United States will only become more open, and many different immigrants will travel here, and bring economic opportunities with them causing our economy to be very diverse. I also believe the United States will give more funding for NATO so that we can further our trade relationships with other countries. Many countries besides the United States make their own path of the global economy, and try to help each other out. According to Monica Araya, a speaker for Ted Talk, last year Costa Rica produced nearly 100% of their energy with renewable resources, including: solar, hydroelectric, geothermal, wind, and biomass power. Instead of investing in the military, Costa Rica abolished their military giving up spending for it which in turn gave enough money to give free education and health care for all people. Lastly Costa Rica is trying to get other countries to follow them into investing into renewable energy resources. In another part of the world, Rwanda is partnering with UPS and Zipline to get drones so they can deliver vaccines, blood, and other life saving products into hard to reach places like the mountains there. Thirty-two countries in africa came together to make up an organization called: The African Risk Capacity. The countries in this organization donate money each year to them, and when a disaster happens somewhere in Africa they will donate the money collected there. This shows just how unified Africa is, and how Africa is growing as a continent. Ngozi Okonjo is telling the world that Africa is not just the country you think about that you feel bad for. She wants other countries to unify, and help each other out, and to have the countries learn from their own mistakes like they have. Eleni Gabre explains how important agriculture is to her home country Ethiopia. She shares her ideas about how to increase productivity by strengthening their economic infrastructure, changing their markets to make food more available, and funding for the farmers and the agriculture industry. Lastly she returns to Ethiopia after 30 years abroad to try and fix Ethiopia’s market problems by studying other markets like the United State’s market. The United States is right now trying to create economic productivity by cutting taxes. According to Dambisa Moyo, we can fix, and even upgrade economic productivity is if we are more open as a society and take things from both sides of the spectrum, right minded and left minded views and put them together. She also says that capitalism is the only way to have economic growth due to the structure of the economy. Lastly believe in the next twenty-five years that all economies will become capitalist so that all kinds of people have the same economic principles. I feel that this will have a huge effect of the world, and many counties will be able to take care of their people, and hopefully bring the world together.

Post Author: admin

x

Hi!
I'm Erica!

Would you like to get a custom essay? How about receiving a customized one?

Check it out