Community Development

Business Attraction and Retention in Development EffortsThe mental picture that telephone circuit attraction and keeping activities are ship canal to long-term sustainability is establish on neo-classical and neo-liberal reading paradigms that emphasize the case of proceeding within a free marketplace in wealthiness creation and stinting progress . Spurring the crop of the line and corporate sector is therefore seen as critical to over-all frugal ingathering and development , under the assumption that wealth created by trade and investment activities will ultimately dribbling kill to the mass in the play of job and income contemporaries (Trainer , 2002 ,. 55 ) However , the negative outcomes of development efforts using the market economy-oriented access in the vast majority of countries in the evolution dry lan d (Rist , 1997 ,br 218-19 ) illustrate that the focus on business attraction and retention are not reasonable substance of achieving sustainable developmentContrary to the claims of classical and neoliberal development theorists , development that is based on frugal and business growth does not inescapably lead to an rise in the economic life of the majority (Trainer , 2002 ,. 59 ) On the other hand , the myth of the trickle-down solvent is challenged by the detail that although increased business activities generate function , it also results in cheap and repressed labor as the efficiency and meshwork maximization concerns of corporations usually necessitate wounding down on variable exertion costs much(prenominal) as payment . Unfortunately , corporations are able to supplement business interests supra labor due to the very dependence of the country on investments that creates probatory pressure on the governance to implement policies causative for businesses s uch as tax incentives and take down minimum! requital . For instance , workers in garment factories in Bangladesh receive unless 15c per hour in wages despite significant economic growth in the country (Trainer , 2002 ,. 56In the same path , the assurance of financial capital in an economy that is pendent on business activities tends to widen the gap between the sufficient and the pitiable in terms of access to resources . Trainer (2002 notes that markets shake a strong tendency to allocate scarce resources and products to the well-to-do and to reave the deplorable of resources they once had (p . 60 ) As such , the dispersion of resources and access to services is based on the electrical capacity of citizens or communities to pay and not based on substantial strike .

Ultimately , this contributes to the continued impoverishment and deteriorating condition of the poor (Rist , 1997 ,br 236 ) term benefiting the local elite who have ties with business and multinational corporationsLikewise , the realities in developing countries show that market-oriented development policies are a good deal refractory to the requires of the poor and marginalized sectors and also undermine ecological and environmental sustainability . This is because investment will flow into those ventures likely to yield the highest returns (Trainer 2002 ,. 60 ) Thus , the government s development priorities are often incongruent with the development take aims of communities . This is exemplified in the case of Ghana where ungainly activities are focused on export crop return instead of addressing food security and malnutrition problems of the lo cal population (Rainbow Ark , 1992 br. 9 It is clear ! that efforts in business attraction and retention activities cannot form about long term sustainability in Setting warp concerns on business impact on the environment market-oriented growth dependence leads to negative development outcomes , exacerbating poverty and marginalization instead of alleviating social problems . Thus , there is a need to use alternative development frameworks in the effort to contain about genuine and sustainable Works CitedRainbow Ark (1992 . Development Reconsidered . work capital , D .CRist , G (1997 . The History of Development . capital of the United Kingdom : zee BooksTrainer , Ted (2002 . Development , charity , and poverty : the appropriate development scene . International Journal of Social Economics 29 (1 /2 : 54-72Community DevelopmentPAGE \ MERGEFORMAT 2 ...If you want to get a honorable essay, clubhouse it on our website: OrderCustomPaper.com

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