Are we takeing special steps to ensure the people get appropriate education and employment? What steps do we think should be taken to combat unemployment and poverty? How do we see the present economic crisis ?What should be the immediate role of the people? Till date poverty could not have reduced in real terms because the implication of poverty reduction programs is being ineffective.
To combat poverty and unemployment, the economic reform system have to be implicated effectively. The economic development education should be progressively provided. Furthermore, the private sector should be encouraged for the promotion and development of free trade and industry. Most importantly, public-private partnership policy has to be adopted soon. We have to have economic revolution and generates a substantial surplus.
I am talking about relative rich versus the wealth of the poor. There will always be an increase in absolute economic development via trade, industrial globalization and repatriated income.
The income and living standard increases are good economic development like the tools, machines, materials, power sources, medicines, and manufacturing and commercial practices) that are transformed into consumable goods and services. Good economic system create goods and service that people want like automobiles, telephones, improve the quality of goods and services and increase the availability of goods and services to more people by reducing the effort, waste, and cost to produce them. There are other ways to increase income if we can put more people to work so they can extract more raw materials. This acquisition of income requires large amounts of mone.
Thus, an initial loan or grant of "seed money" is required by poor. Such loans, as we have seen from World Bank, IMF, and WTO efforts.
The economic development depends on educational system. We have to developed educational system, on mathematics, science, engineering, and programming will achieve good economy. I am talking here, not only of innovative scientists and engineers, but technical operators, i.e., "technicians", the people who must know enough math and science to make small decisions involving the operation of increasingly complex machinery. Again, we have to highly developed primary, secondary, and university scientific, engineering, and technician educations available to most of its population, both men and women.
Therefore, even if we had adequate technologies, and if we would not even be able to adequately maintain imported technologies.
In summary, the kind of economy and polity determine the ability of the successes of economic reform system.