Community Development

Business Attraction and Retention in Development EffortsThe public opinion that telephone circuit attraction and keeping activities are shipway to long-term sustainability is establish on neo-classical and neo-liberal maturement paradigms that emphasize the usance of proceeding within a free marketplace in wealthiness creation and stinting progress . Spurring the garner of the calling and corporate sector is therefore seen as of the essence(p) to over-all frugal gain and development , under the assumption that wealth created by trade and investment activities will ultimately drool kill to the mass in the socio-economic class 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 deve loping dry land (Rist , 1997 ,br 218-19 ) illustrate that the focus on business attraction and retention are not reasonable performer of achieving sustainable developmentContrary to the claims of classical and neoliberal development theorists , development that is based on frugal and business growth does not necessarily lead to an rise in the economic life of the majority (Trainer , 2002 ,. 59 ) On the other hand , the myth of the trickle-down resultant is challenged by the detail that although increased business activities generate craft , it also results in cheap and repressed labor as the efficiency and meshwork maximization concerns of corporations usually necessitate parapraxis down on variable exertion costs much(prenominal) as payment . Unfortunately , corporations are able to supplement business interests supra labor due to the very dependency of the country on investments that creates significant pressure on the governing body to implement policies caus ative for businesses much(prenominal) as ta! x 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 air , the assurance of financial capital in an economy that is interdependent 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 chip in a strong tendency to allocate scarce resources and products to the juicy and to reave the distressing of resources they once had (p . 60 ) As such , the dispersion of resources and access to services is based on the message of citizens or communities to pay and not based on positive 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 frequently 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 ons of communities . This is exemplified in the case of Ghana where earthy activities are focused on export crop issue instead of addressing food security and malnutrition p roblems of the local population (Rainbow Ark , 1992 b! r. 9 It is clear that efforts in business attraction and retention activities cannot form about long term sustainability in Setting digression concerns on business impact 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 shoot 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 ample essay, clubhouse it on our website: OrderCustomPaper.com

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