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To begin with, some countries have retrogressive market instruments that do not accord a reflection on the financial ability. Such countries have inflexible market structures that do not have a progressive record. For…
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Download file to see previous pages Therefore, such markets rely on foreign aid as a major source of income in the market (Moyo, 2011). The reliance on the foreign aid from other countries is rampant such that the country and economy view it as a basic induction. Killing foreign aid in such market structures is a negativity that will plunge the people into abject poverty.
Insufficient research in the market structures is a vital subject that leads to a flop in the market instruments. In many cases, foreign countries force some of the poor countries to indulge in some activities that are considered to be lucrative. Though they accord the relevant funding to such activities, they do not reflect the vital ideas that should be considered in the markets. First, for an effective market structure, there is a need to focus on the market structures. This is by conducting sufficient research. For instance, china is in great demand for resources emanating from Africa. However, it is not obvious that Africa is demanding the same from china (Moyo, 2011). Therefore, reflecting on such factors is an issue that should be considered. Secondly, sufficient research on the demography is to be encompassed. The population demand in China is not the same in Africa. Therefore, the demand for goods in the markets is different. Imposing similar projects in the two regions is more unlikely to be successful.
Secondly, market instruments are not recording success in the stated countries due to Unprofessional Labor force. In China, the government invests an arguably large amount of capital in training their work-force. This is an activity that is widely practiced across the national divide. Therefore, the country boasts of having professional and trained personnel. With such notations in the economy, the country has been recorded among the countries with the rapidly growing economy alongside the United States and Canada (Moyo, 2011). It is palpable that trained and educated personnel will reflect a better performance in ...Download file to see next pagesRead More
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