Addressing the Problem
Economic disparity is a very complex problem and the solutions to it are equally complex
  Political colonialism disappeared in most colonies only   to be replaced by a kind of economic colonialism; the demands   of huge transnational corporations and foreign owned corporations   frequently came to replace those of imperial powers.
      Many developing countries rely on the export of one or two unprocessed   raw materials such as lumber, mineral ores, or agricultural   products such as cocoa or coffee beans for much of their income.
      These products are generally produced for foreign owned companies   and exported to richer countries. The developing countries   are entirely dependent upon the operation of these companies   for vital income. In other words, they have little control   over their own economies.
      Developing nations must find a way to control their economies   for their own benefit. This would help diminish economic disparity   between Old Core and New Core/Periphery countries
      When an epidemic such as HIV/AIDS kills millions, including   many of the most productive members of society, and entirely   new set of economic problems is created. Production of food   declines and the number of business people, healthcare workers   and other vital workers is reduced.
      Cancelling, or at least reducing debt and the huge amounts   of interest payable would go far in alleviating the economic   disparity between rich and poor countries.
      Creation of African Union and a greater voice in the vital decision   that affect them.
      Developing countries need leaders who are prepared to work   for the national good rather than for their own interest.
    Development Assistance or foreign aid is the best-known process by which money moves from richer countries to poorer ones. It consists of two parts: official development assistance (ODA), which is delivered by governments and private development...