... to even worse poverty, as they frequently assumed heavy debts to pay for the poor quality land they received in remote locations without credit or access to markets and in policy situations unfriendly to small farmers. When communal lands are privatized, as in Mexico and many places in Africa and Asia, increased competition can result in the collapse of community-based ... the long term, it causes poverty and waste, which tend to be self-perpetuating. "Paternalistic intervention" in the economy by the government can often impede economic progress rather than enhance fiscal development (...

• Word Count: 2958
• Approx Pages: 12
• Has Bibliography
• Grade Level: Graduate