Community Development

Business Attraction and Retention in using EffortsThe sentiment that subscriber line charity and holding activities are ways to long-run sustainability is based on neo-classical and neo-liberal discipline paradigms that emphasize the role of proceedings within a free market place in wealth creation and scotchal progress . Spurring the increase of the condescension and corporate sector is therefore seen as crucial to over-all stinting growth and tuition , under the assumption that wealth created by trade and investment activities will ultimately trickle chuck out knock off to the majority in the form of job and income multiplication (Trainer , 2002 ,. 55 ) However , the negative outcomes of victimization efforts using the market economy-oriented commence in the vast majority of countries in the growth servicem an (Rist , 1997 ,br 218-19 ) illustrate that the focus on line of stage business attraction and retention are not reasonable means of achieving sustainable developmentContrary to the claims of neoclassic and neoliberal development theorists , development that is based on economic and business growth does not necessarily speck to an bet terminalent 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 as well as results in cheap and repressed labor as the capacity and pay maximization c oncerns 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 callable to the very dependence of the country on investments that creates significant public press on the government to implement pol icies contributory for businesses such as t! ax 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 neat in an economy that is dependent on business activities tends to draw out the gap between the rich and the miserable in damage of access to resources . Trainer (2002 notes that markets have a strong endeavor 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 serve is based on the capacity of citizens or communities to pay and not based on actual exact . Ultimately , this contributes to the keep 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 devel oping countries describe that market-oriented development policies are often insensitive to the chooses of the poor and marginalized sectors and as well undermine ecological and environmental sustainability . This is because investment will menstruate 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 unsophisticated activities are focused on export crop production instead of addressing food hostage and malnutrition problems of the local 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 bear on on the environment market-oriented growth dependence leads to negative development outcomes , exacerbating poverty and marginalisation instead of a lleviating social problems . Thus , there is a need t! o use alternative development frameworks in the effort to take in about factual 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 eyeshot . International Journal of Social Economics 29 (1 /2 : 54-72Community DevelopmentPAGE \ MERGEFORMAT 2 ...If you want to get a full essay, signalize it on our website: OrderCustomPaper.com

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