Eli5: Why is it so difficult for third-world countries to provide stable electricity to their citizens despite the technology being so abundant?

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The technology is readily available, people will pay to have access to it. Yet, a lot of people still don’t have this technology made available to them.

In: Economics

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Anonymous 0 Comments

One of the core problems in every underdeveloped country is corruption. There is no money for anything, because money gets embezzled and stolen at every possible level. Its the default way of life for all countries that haven’t developed strong rule of law yet.

It might be difficult to understand for most people in developed countries what true system wide corruption really means. Its not just corruption of only politicians or only public sector, its corrupt everyone, at every level of society, from politician down to a janitor. Every profession has ways to steal something and in a properly corrupt country, everyone finds a way.

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