Community Development

Business Attraction and Retention in Development EffortsThe doctrine that telephone circuit attraction and keeping activities are shipway to long-term sustainability is ground on neo-classical and neo-liberal education paradigms that emphasize the use of proceeding within a free grocery in wealthiness creation and stinting progress . Spurring the proceeds of the telephone line and corporate sector is therefore seen as authoritative to over-all frugal festering and development , under the assumption that wealth created by trade and investment activities will ultimately dribbling kill to the volume in the stimulate of job and income generation (Trainer , 2002 ,. 55 ) However , the negative outcomes of development efforts using the market economy-oriented access in the vast majority of countries in the developing dry land (Rist , 1997 ,br 218-19 ) illustrate that the focus on business attraction and retention are not reasonable mover of achieving sustainable developmentContrary to the claims of classical and neoliberal development theorists , development that is based on frugal and business growth does not of necessity lead to an rise in the economic life of the majority (Trainer , 2002 ,. 59 ) On the other hand , the myth of the trickle-down publication is challenged by the detail that although increased business activities generate affair , it also results in cheap and repressed labor as the efficiency and meshwork maximization concerns of corporations usually necessitate bitter down on variable exertion costs such(prenominal) as payment . Unfortunately , corporations are able to supplement business interests supra labor due to the very colony of the country on investments that creates meaningful pressure on the regimen to implement policies causative for businesses suc h as tax incentives and displace minimum r! equital .. 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 mood , the assurance of financial capital in an economy that is capable on business activities tends to widen the gap between the risque and the pitiable in terms of access to resources . Trainer (2002 notes that markets set about a strong tendency to allocate scarce resources and products to the fat and to reave the paltry of resources they once had (p . 60 ) As such , the dispersion of resources and access to services is based on the faculty of citizens or communities to pay and not based on demonstrable 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 international corporationsLikewise , the realities in developing countries show that market-oriented development policies are a great 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 ins of communities . This is exemplified in the case of Ghana where unwashed activities are focused on export crop production instead of addressing food security and malnutrition problems of the local population (Rainbow Ark , 1 992 br. 9 It is clear that efforts in business attract! ion and retention activities cannot form about long term sustainability in Setting excursus 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 stand about genuine and sustainable Works CitedRainbow Ark (1992 . Development Reconsidered . working 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 skilful essay, clubhouse it on our website: OrderCustomPaper.com

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