Elite consensus is of critical importance for national development says Dercon. I think the same goes for nations to stay developed especially in the ROGUE Age
I think we are all of the same population now (in the statistical meaning of the population). I do not think the new technology development is exclusive to rich nations any more. Similarly, there is no justification to blame the rich if a country is not able to lift itself up from poverty. Because many other countries were able to get up.
The rich nations had one way or another imperialistic past performance of exploiting poor nations' or tribes' natural resources or even worse slavery for free labour. However as correctly observed they also developed necessary institutions to foster capital build-up, supported by industrial developments. Nowadays part of the prosperity gains by poorer nations might be due to subcontracting of the industrial and manual production for the developed nations. While the latter are developing new technologies to rule the rest of the world. Please also note that those developed nations have no intention to compensate for their ecological footprint responsibilities of the past.
I think we are all of the same population now (in the statistical meaning of the population). I do not think the new technology development is exclusive to rich nations any more. Similarly, there is no justification to blame the rich if a country is not able to lift itself up from poverty. Because many other countries were able to get up.
The rich nations had one way or another imperialistic past performance of exploiting poor nations' or tribes' natural resources or even worse slavery for free labour. However as correctly observed they also developed necessary institutions to foster capital build-up, supported by industrial developments. Nowadays part of the prosperity gains by poorer nations might be due to subcontracting of the industrial and manual production for the developed nations. While the latter are developing new technologies to rule the rest of the world. Please also note that those developed nations have no intention to compensate for their ecological footprint responsibilities of the past.