NationStates Jolt Archive


Help LEDC's help themselves

The Belmore Family
13-12-2003, 09:50
This resolution is to help LEDC's to get out of the debt cycle. Here it is

Deeply distressed by the lack of funding for the worlds Less Economically Developed Countries,

Recognising that MEDCs have their own financial situation to deal with,

Noting that the only chance for LEDCs to get out of debt is for foreign investors to invest in their countries, however this is unlikely as very few foreign investors will currently not invest in nations that owe large sums of money,

Realising sustainable development can be a good exchange for the Cancellation of world debts,

Believes that MEDCs could and should be able to help LEDCs improve their economy this could be by helping to grow cash crops, instructing in healthcare and introducing technological advancements to a country,

1. Calls for the cancellation of some World Debts in exchange for sustainable development;

2. Asks for MEDCs to aid LEDCs in the growing of cash crops, making it easier for LEDCs to pay off their debts;

3. Requests the promotion of investment in LEDCs to encourage each country to improve their economy;

4. Suggests that MEDCs do more to help the technological advancement of LEDCs by
a. Ensuring that LEDCs have the knowledge to create the equipment used by other nations;
b. Aiding projects that will improve the standard of living in LEDCs;

5. Further Suggests more aid to go to healthcare systems in LEDCs, this could be by enlarging the technological opportunities at their disposal or funding healthcare programs already running in the country;

If you have a concience then please endorse this proposal.