Community Development

Business Attraction and Retention in Development EffortsThe pith that telephone circuit attraction and keeping activities are slipway to long-term sustainability is establish on neo-classical and neo-liberal evolution paradigms that emphasize the constituent of proceeding within a free commercialize in abundantes creation and stinting progress . Spurring the yield of the occupation line and corporate sector is therefore seen as all-important(a) to over-all frugal exploitation and development , under the assumption that wealth created by trade and investment activities will ultimately run kill to the mass in the process of job and income genesis (Trainer , 2002 ,. 55 ) However , the negative outcomes of development efforts using the market economy-oriented access in the vast majority of countries in the develo ping dry land (Rist , 1997 ,br 218-19 ) illustrate that the focus on business attraction and retention are not reasonable heart and soul of achieving sustainable developmentContrary to the claims of classical and neoliberal development theorists , development that is based on frugal and business growth does not occupys lead to an rise in the economic life of the majority (Trainer , 2002 ,. 59 ) On the other hand , the myth of the trickle-down effect is challenged by the detail that although increased business activities generate enjoyment , it also results in cheap and repressed labor as the efficiency and meshwork maximization concerns of corporations usually necessitate neat down on variable exertion costs such(prenominal) as payment . Unfortunately , corporations are able to supplement business interests supra labor due to the very habituation of the country on investments that creates satisfying pressure on the regime to implement policies causative for busi nesses such as tax incentives and displace ! 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 flair , the assurance of financial capital in an economy that is hooklike on business activities tends to widen the gap between the racy and the pitiable in terms of access to resources . Trainer (2002 notes that markets score a strong tendency to allocate scarce resources and products to the rich and to reave the despicable of resources they once had (p . 60 ) As such , the dispersion of resources and access to services is based on the mental ability of citizens or communities to pay and not based on true 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 transnational corporationsLikewise , the realities in developing countries show that market-oriented development policies are oft 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 needs of communities . This is exemplified in the case of Ghana where rough activities are focused on export crop production instead of addressing food security and malnutrition problems of the local population (Rainbow Ark , 19 92 br. 9 It is clear that efforts in business attract! ion and retention activities cannot form about long term sustainability in Setting excursion 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 conduct about genuine and sustainable Works CitedRainbow Ark (1992 . Development Reconsidered . works 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 dependable essay, clubhouse it on our website: OrderCustomPaper.com

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