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December 30, 2005 Rebuilding lives, post-tsunami
Some countries get grants and payments from the west, and squander them. Others use them wisely. It says a great deal about some of the nations affected by the December 26, 2004 tsunami that many have been able to make headway on rebuilding their economies. At Ton Zijlstra’s blog, he highlighted a report in the Netherlands about how donations were used—namely among local businesses in the affected region—and concludes with a very logical definition on what an economy is: ‘Economy after all is not about the material you use or its worth, it is primarily about the number of transactions created.’
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