Economic Growth Initiatives in Less Developed Countries

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Essay #: 051440
Total text length is 5,589 characters (approximately 3.9 pages).

Excerpts from the Paper

The beginning:
Abstract
This paper discusses the means by which a government can attract foreign investment while growing overall capital formation.
Economic Growth Initiatives in Less Developed Countries
As much of the developed world stagnates and slumps during the current global credit crisis, opportunities exist for lesser-developed countries in Africa, South America and Southeast Asia to promote growth and capital formation within their economies. The key for business and economic growth stems from favorable domestic regulations while offering attractive incentives to induce foreign investment. As such, there are a number of ways by which the government and economic advisors can achieve their growth goals.
As capital formation regards the transfer...
The end:
.....oped nations cannot grow alone and must be cognizant of their shortfalls, look to ways to combat them and make foreign investment attractive to outside multi-nationals and wealthy individuals.
References
Coldfats, C. (2008, December). How to reduce the economic woes of Third World countries. Associated Content. Retrieved April 24, 2009 from http://www.associatedcontent.com/article/1233170/how_to_reduce_the_economic_woes_of.html
Harriss, C. L. (n.d.). Economic effects of today’s property tax. Common Ground USA. Retrieved April 23, 2009 from http://www.groundswellusa.org/feet7.htm
Porter, M. (1997). Investing in a Third World country. Addis Ababa University. Retrieved April 24, 2009 from http://www.alsb.org/international/ijrnl/porter/text.htm