ABSTRACT

The conceptual contract between poverty and equality is that there must be a bottom line of economic survival, and that everyone should have an equal opportunity to progress upward from the bottom line. Governments maintain a rather small public sector, and provide incentives to various economic agents, who will exercise their choice and freedom in expanding economic welfare. A friendly international sector provides additional channels of economic support in the form of either exports or foreign direct investment. Another aspect of the economism paradigm is the viable domestic economic strength that attracts foreign investment and markets.