> do you think fast economic development is possible if we continue to exploit those countries?
Yes, and it has already happened in many places. In 1950, the GDP per capita of South Korea and Taiwan were under $900, not much more than the $600 of Pakistan. Those East Asian countries rapidly industrialized and became rich. Nobody wasted time talking about fairness. Pakistan fucked around with socialism and other leftist garbage and doomed its people to decades more of poverty.
"The growth has been attributed to the hard work of the labor force. External factors include the enormous economic and technical assistance provided by foreign countries, particularly Japan (see: Treaty on Basic Relations Between Japan and the Republic of Korea) and the United States, access to Western and Japanese markets, and the acquisition of foreign currency by Korean migrant workers in the early stages of economic growth."
other east asian countries look similar. foreign investments and international trade play a large role in a countries economic development.
that doesn't look like continued exploitation that was and still is happening in africa.
sure, the countries need to do their part to develop on their own. but we can also contribute by actually trading fairly with them.
In the aftermath of WWII and the Korean War, the US invested significantly in rebuilding + supporting most of the rapidly industrialized countries that you've named.
Western Europe, Japan, South Korea, Taiwan, all received extensive economic development support from the US from 1940's-1970's, which helped a lot with that rapid industrialization.
absolutely, yes!
but economic development also needs fair payment. and that is currently not happening.
fair trade is not wealth distribution.
do you think fast economic development is possible if we continue to exploit those countries?