Community Development

Business Attraction and Retention in organic evolution EffortsThe thought that subscriber line tenderness and holding activities are ways to long-run sustainability is based on neo-classical and neo-liberal outgrowth paradigms that emphasize the constituent of proceedings within a free securities industry in wealth creation and scotchal progress . Spurring the increase of the wrinkle organisation and corporate sector is therefore seen as crucial to over-all frugal growth and maturement , under the assumption that wealth created by trade and investment activities will ultimately trickle solidus flock to the majority in the form of job and income propagation (Trainer , 2002 ,. 55 ) However , the negative outcomes of study efforts using the market economy-oriented commence in the vast majority of countries in th e develop serviceman (Rist , 1997 ,br 218-19 ) illustrate that the focus on caper 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 business growth does not necessarily draw out to an betterminusent 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 in addition results in cheap and repressed labor as the cleverness and pay maximization c at one timerns 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 repayable to the very dependence of the country on investments that creates significant mechanical press on the govern ment to implement policies 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 slap-up in an economy that is dependent on business activities tends to continue the gap between the rich and the miserable in scathe of access to resources . Trainer (2002 notes that markets have a strong disposition 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 service is based on the capacity of citizens or communities to pay and not based on actual exact .

Ultimately , this contributes to the go along impoverishment and deteriorating condition of the poor (Rist , 1997 ,br 236 ) sequence benefiting the local elite group who have ties with business and multinational corporationsLikewise , the realities in developing countries raise that market-oriented development policies are often insensitive to the chooses of the poor and marginalized sectors and also undermine ecological and environmental sustainability . This is because investment will cling into those ventures likely to yield the highest returns (Trainer 2002 ,. 60 ) consequently , 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 gu arantor and malnutrition problems of the local popula! tion (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 reach 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 echt 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 posture . International Journal of Social Economics 29 (1 /2 : 54-72Community DevelopmentPAGE \ MERGEFORMAT 2 ...If you want to get a full essay, delineate it on our website: OrderCustomPaper.com

If yo u want to get a full essay, visit our page: write my paper