Tuesday 16 December 2014

My bad habit

One illusion on which we are constantly being fed by some people is that the solution to our economic problems is foreign investment. This is a myth. Foreign investment can only make a marginal difference. The real solution is to develop our indigenous economy.
 Moreover, foreign businessmen are not fools. They will invest if they are likely to have profits, not for charity. And why should they invest in a country where the infrastructure is terrible in large parts of the country ( poor roads, shortage of water, electricity, etc ), where corruption is deep and widespread, and where laws and regulations stifle business ?
 But people like dreams, and I have this nasty habit of waking up people having sweet dreams. So sad


  1. I agree with most of what you say. But manufacturing and services are both very technology centric nowadays.The world being flat will cause a company to lose out without technology. Also foreign investment is necessary to get the know-how. I work in an MNC and it will be nigh impossible for any one to replicate what they do without having the experience of working in that set up, So the indirect effects of FDI are underestimated.

  2. I am also agreeing to your opinion. I also have certain bad habits in my academic life since i am a graduate student. That is If i didn't get enough time for completing the essay, i am always buy college essay online. I don't know whether it is good or bad. But i believe that it is bad habit.

  3. The great words. You are very concerned about developing our indigenous economy. Iam appreciating your suggestion.Iam agreeing with you as a writer of professional resume writing service.