Exetat d’ anglais 2016

This message is not intended to question the role of governance in development. On the contrary, "it" assumes that improvements in the rules of law, pluralism, democratic participation and other indicators are indispensable comportments of successful economic and social development.

Improvements in governance are prerequisite for countries in Africa to attract foreign investment. Ranks that measure the ease of doing business, corruption and political stability are routinely cited as key merits in this regard. The gilding principle is that the easier you make "it" for the investor, the better:

Many countries feel pressured to perform well on such indicators some countries are listed among those which measure attractiveness on rankings success, some others should be the reverse, and some others are the market offering the best prospects for investment. The problem with these indices is that are built on a particular theory of what is good for investment and growth. In a sense that "it" creates development conditions which are difficult to attain.

Some countries attract the interest they do because investors make a calculated decision. So countries should make an effort to improve business and policy environments. They attract interest despite their operating environment rather than due to any conscious effort: efforts are needed to define terms of engagement which are beneficial to their long term development.

Many African countries, regardless of their size, have convincing investment opportunities to offer. The identification of these appropriately is a task to fulfill. The way to do it is not to balance investor expectation with a country’s development priorities. Africa attracts more foreign capital. LI is a challenge countries should not shy away from.

QUESTION BASED ON THE TEXT :
1. According to the text investments are influenced by :

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