Book review

But worse still, the abundance of resources can lead to switching initiatives, as we have seen in the second chapter, instead of directing energy to the creation of wealth in many countries endowed with resources, efforts are focused on revenue assignment (which economists call "rent") associated with natural resources. International financial institutions have a tendency to ignore the problems discussed by me. Instead, the IMF provides simple guidelines to create jobs? when he drew attention to this problem. Eliminate government intervention (in the form of oppressive regulation), cut taxes, make inflation as low and invite foreign entrepreneurs as possible. In a sense, there policy recommendations reflect the colonial mentality, described in the previous chapter, of course, the developing countries have to rely on a foreign enterprise. You can not ignore the remarkable success of Korea and Japan, where foreign investment did not play any role. In many countries, such as Singapore, China and Malaysia, which are held under the supervision of the negative aspects of foreign investment, foreign direct investment has played a key role, not so much because it brought the capital (at takomvysokom level of savings it actually needs is not), or even business, but because open access to markets and new technologies.

Measurement of Human Resources, by W.T. Singleton

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Author
W.T. Singleton
Publisher
Taylor & Francis Group
Date of release
Pages
370
ISBN
9780470793107
Binding
Unknown Binding
Illustrations
Format for Download
PDF, EPUB, MOBI, TXT, DOC
Rating
3
70

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