The so called third world countries can have improved economy if - TopicsExpress

The so called third world countries can have improved economy if their current leaders focuses over the long term fiscal policies. This can be so if government revenues continues to be more than expenditures ( surplus ), then the economic health of the country improves, because the Govt can afford to invest in development, education & infrastructure. With more income, the Govt can also afford to lower taxes, which increases corporate profits & attracts more foreign investors, resulting in more economic activities, creating more jobs & enlarging consumer spending & Govt revenues despite income tax cuts. The possibilities of accomplishing this are high if they operate within corrupt free minds, promoting & practicing Christianity & obey RULE OF LAW. This is what I call a virtuous economic cycle.

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