What’s the benefit to institutions like the European Union of having poorer states join?

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How do less economically wealthy states help institutions like the European Union and why are they needed?

Edit: apologise for the awfully written title

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Anonymous 0 Comments

You’re a rich household.

The value of your house is high.

You have 5 uneducated noisy neighbors which decrease the value of houses in your neighborhood, implicitly yours as well.

You educate these neighbors, give them some money, have them follow better laws, support them to be less corrupt, etc.

Them becoming more like you increases the value of every other household in the vicinity as well

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