Community Development

Business Attraction and Retention in evolution EffortsThe mentation that subscriber line hook and holding activities are ship canal to long-run sustainability is based on neo-classical and neo-liberal phylogenesis paradigms that emphasize the procedure of proceedings within a free marketplace in wealth creation and scotchal progress . Spurring the increase of the blood and corporate sector is therefore seen as crucial to over-all economical growth and victimisation , under the assumption that wealth created by trade and investment activities will ultimately trickle undercut go across to the majority in the form of job and income extension (Trainer , 2002 ,. 55 ) However , the negative outcomes of outgrowth efforts using the market economy-oriented commence in the vast majority of countries in the develop serv iceman (Rist , 1997 ,br 218-19 ) illustrate that the focus on crease attraction and retention are non reasonable means of achieving sustainable developmentContrary to the claims of neoclassic and neoliberal development theorists , development that is based on economic and personal credit line growth does not necessarily draw to an bet boundaryent 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 accompaniment that although increased business activities generate employment , it likewise results in cheap and repressed labor as the efficiency and pay maximization cin one caserns of corporations usually necessitate cutting down on variable labor costs such as take . Unfortunately , corporations are able to leverage business interests in a higher place labor collect to the very dependence of the country on investments that creates significant push on the government to implement polici es contributory for businesses such as tax ! incentives and lowered minimum payment . For instance , workers in garment factories in Bangladesh receive whole 15c per hour in wages despite significant economic growth in the country (Trainer , 2002 ,. 56In the same manner , the potential of financial working capital in an economy that is dependent on business activities tends to unwrap the gap between the rich and the miserable in terms of access to resources . Trainer (2002 notes that markets have a strong tilt to allocate scarce resources and products to the rich and to clean the poor of resources they once had (p . 60 ) As such , the scattering of resources and access to operate is based on the capacity of citizens or communities to pay and not based on actual exact .

Ultimately , this contributes to the move impoverishment and deteriorating condition of the poor (Rist , 1997 ,br 236 ) sequence benefiting the local selected who have ties with business and multinational corporationsLikewise , the realities in developing countries guide that market-oriented development policies are often insensitive to the chooses of the poor and marginalized sectors and to a fault undermine ecological and environmental sustainability . This is because investment will melt into those ventures likely to yield the highest returns (Trainer 2002 ,. 60 ) therefore , the government s development priorities are often incongruent with the development needs of communities . This is exemplified in the case of Ghana where unsophisticated activities are focused on export crop production instead of addressing food tribute and malnutrition problems of the l ocal population (Rainbow Ark , 1992 br. 9 It is clear! that efforts in business attraction and retention activities cannot realise about long term sustainability in Setting divagation concerns on business wedge on the environment market-oriented growth dependence leads to negative development outcomes , exacerbating poverty and marginalisation instead of alleviating social problems . Thus , there is a need to use alternative development frameworks in the effort to take in about literal and sustainable Works CitedRainbow Ark (1992 . Development Reconsidered . working capital , D .CRist , G (1997 . The History of Development . London : zed BooksTrainer , Ted (2002 . Development , charity , and poverty : the appropriate development linear side . International Journal of Social Economics 29 (1 /2 : 54-72Community DevelopmentPAGE \ MERGEFORMAT 2 ...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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