As If, Poverty Never Ends
It would be a long discussion about the poverty trap. Some think that access to cash becomes difficult, and some explain that poor mentality is the root problem. All could be right.
I got insight yesterday in small discussion groups.
When we talk about poverty from a very different perspective, let say the utility of natural resources, the way we approach them also plays a prominent role.
At the government level, the regulation of natural resources should be based on equity partnership. Which means, if the natural resource is managed by other parties, each party has a certain amount based on goods. For example, in gold mining, the government should have a certain amount of mined gold, not only for concession in the form of tax or money.
The good itself does matter: The portion relates to the volume.