WHAT SHOULD THE PRIMARY OBJECTIVES OF 'DEVELOPMENT' BE?

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Developing countries around the world are all different and each will require a unique plan of policies to assist the state implement political and economic reforms. In order for the developing states to implement such systems they need to establish a Commonwealth, provide higher education and training, talent retention and sustainable energy. These objectives will help make the nation presentable to nations will to help build and support developing nations.

The European Union has implemented a preferential trade agreement to assist developing countries become economically competitive with other nations in the world. In order for a developing country to reap the economic benefits of the trade agreement the state must establish a democracy, human rights and show good governance (Baccini, 2010). These three preliminary objectives should be a set of primary objectives of every developing nation wanting to implement political and gain economic success working among democratic nations.

The establishment of these three objectives not only will allow the developing nations to obtain a trade agreement, but it attracts investment and multinational corporations from established western nations (Baccini, 2010). Being able to gain western attraction allows the developing nation to access the knowledge, markets, and networks of the foreign companies. Once the investing nations see benefit in the newly developed nation more financial support and political assistance will be more available to the state (Baccini, 2010). This leads to the objective, starting a Commonwealth.

As a combined objective the developing nations should form a Commonwealth with host nations and other developing nations. Much like the European Union and the Commonwealth ...

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...ping nation’s life. Objectives listed above were the formation of a Commonwealth, education and higher training, talent retention, and sustainable energy. These objectives should be the primary concerns of the developing nations in or to form a stable economy, government, and above all society. Developing nations have the potential to becoming valuable nations in services due to their lack of resources they can become great innovators spreading their services thought the local market and eventually the world market.

Works Cited

Baccini, L., 2010. [Online] Sage Publications Available at: http://eup.sagepub.com/content/11/2/195 [Accessed 24 Auguest 2010].

Dincer, I. & Rosen, M.A., 1999. Energy, environment and sustainable development. Applied Energy, 64(1-4), pp.427-40.

Schwab, K., 2009. The Global Competitiveness Report 2009-2010. Geneva: World Economic Forum.

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