An economic way to fight, world hunger

Every country wants the money they tax out of the economy to be put back into their economy, other nations will understand. China uses some protectionist policies in their nation and I've never heard of any international backlash against them for that. I bet every nation has some form of protectionism. This being for the good of third world countries, I believe no one would care especially.

Comparative advantage and "historical economic cycles"(?) are nice and all but nations need to make sure they aren't net losing jobs due to foreign trade. Otherwise you have a form of economic imperialism and the country will decay.

Perhaps if a country has a net positive income of jobs through foreign trade this policy is unnecessary, but I won't nit-pick a small issue like that.

 

I don't care for your inane defence for protectionism

This just shows ignorance of comparative advantage. You continue to make comment based on ignorance. Ask Anikdote to wet-nose you

 

Didn't mean to click either of those. In either case, BD is a sock puppet for a MMT cultist so I have zero interest in participating in the charade.

 

What doe MMT mean??? Google says nothing!

 

Spare me, your tone and diction haven't changed. I'd know who you were no matter what account you log into.

Liar.

https://www.google.com/search?q=mmt&sugexp=chrome,mod=7&sourceid=chrome&ie=UTF-8

 

Look, it's impossible for me to prove by myself that I'm not a multi, but what I can do is prove that my interests match my profile. if I do that, will you leave me alone at least?

I thought MMT was something political, not economic, geez, sorry. That's why I couldn't find it on google.

 

It sounds good to feed all of the world's hungry people. In reality it's a bad idea. If hungry people were better fed they would have even more kids. That will only accelerate the demand for even more food and other resources. Hunger is a good natural brake on population explosion.

It's also a bad idea for charities to buy processed food and distribute it. A much better option is to buy farm land and to grow food with formerly hungry people as the labor force. A number of countries are buying up farm land in various Third World countries around the world. The outsiders own the land and the food. The food goes to their own citizens while the locals get even more famished. If they owned their own land and food they could grow their own local economies.

Sending people food is the worst possible thing do-goodies can do.

 

Not if economic development also occurring. Birth rates naturally fall/

Rubbish. One just needs to allow 'fair trade'. Capital mobility isn't required (and can be counter-productive)

 

I concur. The Washington Consensus needs to change. It often does more harm than good in the long-run.

 

Actually, foreign aid targets are quantified as a percentage of GNI, not GDP. For example, the ODA target set by the UN is 0.7 percent of GNI.