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Hip-Hop vs. America. Available: http:// http://www.associatedcontent.com/article/393422/hiphop_vs_america_pg2_pg2.html?cat=9. Last accessed 5 December 2009. Documentaries Watched: Jean Kilbourne . (2002).
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In the quest for economic growth, many countries in many parts of the world are (re)formulating national laws to facilitate private investments (ZDA, 2011). However, these investments can have varying consequences on the local economy. Access to housing is perhaps one of the most visible consequences due to the fact that such developments attract people to the area in search of economic opportunities, which eventually triggers the demand for housing (Chandawe, 2008). This perfectly describes what has recently happened in Zambia. Endeavoring to make the country a hub of economic development, government in Zambia has in the recent years strengthened its policy framework for investment.
The creation and spread of knowledge is carried out by government, businesses, universities, research institutes, and nonprofit organizations. R&D is recognized as an important driver of economic and social progress worldwide. It can be a powerful source to improve productivity, innovation, and competitiveness; to help to reduce poverty, and to stimulate long-term economic growth. According to th... ... middle of paper ... ... review suggest that for developing countries need a strong effort to lift the quality and magnitude of R&D spending, as a way to increase economic growth, innovation, and entrepreneurship. The extraordinary growth in R&D performed by the BRIC (Brazil, Russia, India and China) countries in the last decade, may be justified by the fact of compromise between the government and all stakeholders that support R&D process in improving the quality of human capital, strengthening research institutions, implementing a national innovation system, and raising the sophistication of the private sector to compete globally.
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Globalization is the new notion that has come to rule the world since the nineties of the last century with the end of the cold war. The frontlines of the state with increased reliance on the market economy and renewed belief in the private capital and assets, a process of structural alteration encouraged by the studies and influences of the World Bank and other International organisations have started in many of countries. Also Globalisation has brought in new avenues to developing countries. Greater access to developed country markets and technology transfer hold out promise improved productivity and higher living standard. Countries around the world have closer over past few decades due to growing integration between economies.