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Topic: Developing countries
The replacement of a US-centric global economy with a China-centric one spells trouble for the trend of global development that has prevailed for the past three decades.
If one thing needs to change after the coronavirus crisis, it's the relationship between the state and migrant workers.
There's no demand-supply gap, only poor allocation choices. The wealthy will have access to water, and the poor will pay more for water of questionable quality.
Wealthy countries need to figure out how to deal with scrap at home and not send it to developing countries.
Each country has its own challenges and development agencies should consider variations in income, health, education and development while classifying them as developed or developing.
Some countries are even set to make the leap from developing to developed status, as South Korea has already done.
There’s a lesson for all techno -- utopians- anything that creates centralised power might be eventually taken over by bureaucrats.