Author Topic: Developing Countries?  (Read 164 times)

Offline Awakemolt

  • Newbie
  • *
  • Posts: 8
  • Karma: +0/-0
    • View Profile
Developing Countries?
« on: November 23, 2013, 02:06:07 PM »
Why do some countries remain poor? What are the factors that contribute to a country's economic growth?
« Last Edit: November 23, 2013, 02:06:07 PM by Guest »
Logged



Offline AwakeRake

  • Newbie
  • *
  • Posts: 8
  • Karma: +0/-0
    • View Profile
Re: Developing Countries?
« Reply #1 on: November 23, 2013, 03:08:45 PM »
I think one of the reasons why countries remain poor is mismanagement. Let us not include corruption since most countries have some level of corruption.

When a country elects is leaders, these leaders must be able to provide a vision for the *ture; something its citizens can hold on to and work towards for. But is a country elects a leader than has no vision but to use the power and privilege given just to enrich themselves, then these countries will always remain poor.
« Last Edit: November 23, 2013, 03:08:45 PM by Guest »
Logged

Offline ReallySpinning

  • Newbie
  • *
  • Posts: 7
  • Karma: +0/-0
    • View Profile
Re: Developing Countries?
« Reply #2 on: November 23, 2013, 03:12:20 PM »
There are many factors that determine a country's economic growth. In the global economy, product export is a big factor. A country's growth is also dependent on its government. Investors and businesses do not invest in countries which they perceive to be corrupt or has other social problems. Some countries remain poor because they lack the natural resources or they were poorly managed.
« Last Edit: November 23, 2013, 03:12:20 PM by Guest »
Logged


Offline 101Witty

  • Newbie
  • *
  • Posts: 7
  • Karma: +0/-0
    • View Profile
Re: Developing Countries?
« Reply #3 on: November 08, 2013, 11:25:17 PM »
A country’s economic growth is dependent on several factors which include its products, export and import, among others. Its growth is also dependent on how a government is perceived by other countries. Business companies and investors do not often invest in countries with unstable economy, especially where corruption is involved. Some countries are poorly because their governments are corrupt.
« Last Edit: November 08, 2013, 11:25:17 PM by Guest »
Logged

Offline NewsCompany

  • Newbie
  • *
  • Posts: 8
  • Karma: +0/-0
    • View Profile
Re: Developing Countries?
« Reply #4 on: November 09, 2013, 03:53:36 PM »
A country managed by a qualified leader is like a company managed by a qualified and outstanding CEO. When a company remains poor, it only shows that the leaders have remained ineffective and that the people have not taken the challenge to improve their country.

A leader should be able to provide the vision to move the country forward. It should provide the means to make the country profitable. If a leader is elected because of his po*rity and nothing else, it is more likely that the country will not achieve anything significant until after the leader's term.
« Last Edit: November 09, 2013, 03:53:36 PM by Guest »
Logged

 
Tags: