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Talk

What Factors Will Enable A Nation to Move out of Poverty Towards Increasing Prosperity?

Date recorded: 26 May 2014 | Speaker: Wayne Grudem | Event: ELF Workshop
What Factors Will Enable A Nation to Move out of Poverty Toward Increasing Prosperity?
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Description

This talk will consider popular solutions such as foreign aid, debt forgiveness, free-trade coffee, and the use of natural resources, but conclude that they are largely ineffective in the long run. Then it will explain changes that can be made in a nation's government, economic policies, and cultural beliefs: changes that will effectively promote the development of greater economic prosperity, by following biblical principles. This talk will also argue that the wealth of rich nations is not a primary factor in the poverty of poor nations.