Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Monetization
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
How do you Feel About Foreign Direct Investment for a Country's Growth?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="btaliat, post: 233449, member: 26390"] There is no good that a country will derive from foreign investments. Though many will argue against this based on this, as a political scientist, I can authoritatively say that the disadvantages of having foreign investments are more than the advantages of it. China never know that it will be the second economy power of the world when he depended solely on the British for her survival some decades again. China could not afford things of their own and only waited for the foreigners to come for investments. In the early 2000s, then we have the Asian tigers and now the rest is history. China made sure that her local products are only used in the country and no preference was given to foreign goods. Up till now, there is nothing China has not localized. It has the largest high speed route in the world. In contrast, Nigeria was a country of her glory in the 1970s and depended so much on her locally products. In fsct, Obasanjo then made usage of locally goods compulsory and in 1980s, a dollar is #0.74. But when SAP was introduced, foreign goods were put much importance to and now a dollar is a little less than #1000. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
How do you Feel About Foreign Direct Investment for a Country's Growth?
Top