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Business
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11 / 2920 |
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And finally, the country needs maintain the right environment to attract workers and promote entrepreneurship that can help further develop the country.
Around the late 1970’s many countries started to incorporate these values through a process called “reform wholesale.†Countries such as China, Russia, and India leaned towards export-oriented, free-market strategies by their leaders...
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The leaders took the initiative without its citizen’s acceptance because they believed that more open and competitive markets are the best way for a nation to move out of poverty. China has seen a high rate of success with this method, by moving approximately 163 million people out of extreme poverty in about 10 years...
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