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:
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.
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