= What poor countries have to do to get richer {numbered} {scope} Like all poor countries, 's lack of money and scientific culture severely limit its ability to make and advances. While this sounds obvious, has felt it first hand since he moved from Brazil to , and it is just shocking. In the city of [Santos] for example, despite being a [dream place from the natural point of view], it would be completely impossible to achieve any technical advance that impacts the world. In Europe however, there are several several places where this can happen. = Teach everyone English {parent=What poor countries have to do to get richer} This is obviously the most efficient investment any non-English speaking country must do, because you need to know English to be able to learn from rich countries and innovate. Further discussion at: {full}. = Make your education system more efficient {parent=What poor countries have to do to get richer} As Ciro has rambled infinitely at {full}, the school system is hugely inefficient and a waste of time for everyone involved. Instead, just use {full} instead. = Pick few good bets and invest enough on them {id=pick-few-good-bets} {parent=What poor countries have to do to get richer} Poor countries don't have a lot of money. Therefore, you have to pick a few key bets, and invest on those enough. These have to be few, because your country is poor, and so you can't invest on everything. Therefore, the bets have to be well selected, because it is useless to make several insufficient investments: you have to pick a few ones, and put enough time and money into each one of them for them to stand any chance. These bets should be made and reevaluated on 5/10 year horizons. The key things that you have to select are: * which poor students you will bet on educating. Since you can't give amazing education to everyone, you have to select the most promising poor students somehow, and give those free amazing learning conditions: * which ares to focus on. Ciro believes that and would be good bets. Focusing on the previous next big things, e.g. classic computers, is always a losing bet on average And then you only those companies heavily when the start to bring in real money. These are remember! You only need 5 unicorns a year to call it a success. And countries should not be greedy and invest through , but rather recoup their investment through taxation alone. Ciro's second removed uncle, who was a at the , one of the best universities in the country, told him an anecdote. He had moved from research to solar cell research. At some point, there was a research lab that needed 10 million to buy a machinery critical for their experiment. They asked and asked, and finally the government gave them only 2 million. So in the end they spent those 2 million in random ways, but of course did not achieve their research goal and no money came out of it. He also explained how as a result of the insufficient investments, he felt clearly that some of the production facilities related to solar power he saw simply were not able to control the production process adequately to produce consistent silicon. As a result, everything failed sooner or later as people found more and more bugs that they did not have the time to solve. Another key investment is [enticing back experienced exchange-students] who have learnt new techniques to be heads of laboratory/founders to back in your country. A fantastic initiative from for example is , which aims to put together Brazilian exchange students to make a difference back in Brazil. Do not try to forbid external companies from selling in your country. Instead, fund your own companies to be able to fight the external market off. And if they can't, let them die and pick a different bet.