Everyone wants to see the general improvement of living standards of each individual. In order to achieve Economic Development, first we must look at Human Development - harnessing the skills, gifts and talents of individuals. We need to modify our education system to support and encourage those who are less academically inclined and are more artistic or technical.
We need to cut down on certain infrastructure and begin to invest in various equipment for better economic development.
While most are moving away from an agricultural base, we must remember that everything to create wealth comes from the ground. Trees, fruits, oil, gold, diamonds and precious and water as well as other disease-curing items come from the ground and we need to create an environment where new equipment can be designed and developed to allow for better cost to the public. Tax needs to be removed from the cost of solar panels, tractors, trailer, fertilizer, farming tools and equipment.
Every Government Department must set up an Agency to create policies and deal with new investments.
Internet needs to be cheaper for rural areas, more affordable smart phones and other technology and find cheaper ways to create films and produce music.
There needs to be a new way of thinking going forward.
RWOMI has been developing plans and guidelines for economic development and has also been empowering various individuals to bring out their gifts and talents. We have been encouraging many who are designers who have great inventions which can change the landscape of innovation.
Surprisingly many of the poorer nations do not have a plan for Economic Development and as such, they do not have a plan for true growth.