short, which country has low amount of corruption affect to easily increasing economic growth. In term of environment, corruption directly affect to environmental degradation and destruction. According to Organization for Economic Co-operation and Development, “The true social cost of corruption cannot be measured by the amount of bribes paid or even the amount of state property stolen. Rather, it is the loss of output due to the misallocation of resources, distortions of incentives and other inefficiencies
issues of inequality and how the developed nations would have contributed to that inequality. Dos Santos (1971) stated in his definition of dependency that it is a situation in which the economy of a certain group of countries is conditioned by the development and expansion of another economy, to which their own is subjected. Anderson and Taylor (2010) stated that TNCs play a role in keeping the dependent nations poor. They highlighted that the executive and stockholders of these corporations are from
The world is often categorized using size of development, dividing nations into the "developed" and "developing." These are generally based off of judging a country's development, but with this we need to ask ourselves: what do we mean when we say "developed," and why have some countries attained this status of being “developed” while others have not? Since the beginning of the 20th, many brilliant academics and scholars have sought to answer this question, but in doing so, have created various models
INTRODUCTION BACKGROUND OF THE STUDY The study analyzed the impact of foreign direct investment on domestic investment in Nigeria. The relationship between foreign direct investment FDI and domestic investment is a controversial issue in Nigeria. One of the main debates is whether FDI has significant effects on domestic investment in Nigeria. On one hand, by creating spillover effects, FDI may lead to new or higher amounts of domestic investment where it would not be possible in the
These theories were in the view that development assistance was important for these countries as capital formation played a great role in economic growth. The reason being that, these countries had few or insufficient private and public savings to finance large investments such as economic infrastructure
half of its seven billion people lived in cities. We discuss what it takes to build this urban sprawl for miles on end, the process of acquisition that delivers spatial growth to cities, and where these outgrowths (usually sleepy villages before development) take on a character of their own with distinct reputation, sub-culture, urban design. While a city’s identity has a lot to do with its landmark buildings and posh localities, the majority of its planning, construction and ethos
limited food and facilities. Most organizations working with street children in Pakistan are plagued by financial problems, they depend largely on donor funding which is notoriously uncertain and whilst funding is often available for initial capital development, donors may refuse to take care of running costs. These financial factors threaten the survival of some organizations as sustaining adequate services depends on external
countries. Method Chapter All authors referenced empirical database and quantitative analysis. Based on the empirical patterns of foreign direct investment may their theoretical reflection. The value of FDI in the process of the present stage of development of the world economy, the constant change of the essential characteristics of FDI and the presence of problems in the practice of FDI determined the existence of multiple theories in the economic literature. The main subject in this issue became
Development is about human well-being and migration improves the lives of migrants especially those migrating to the north. (IOM 2013) Through migration people are able to make more money by gaining higher wages than they are able to make home. They are also
in achieving sustainable economic development in the host country. FDI has both positive as well as negative impact on economic growth of the host country. FDI benefits the host country in numerous ways. It has a huge positive impact on economic growth and development of host country in a sustainable manner. Some of the positive impacts of FDI on host country are discussed below: 1. Better financial opportunities: FDI makes a contribution to economic development by providing better opportunities