Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
ON DEVELOPING COUNTRIES
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(c) Deregulation
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(d) Privatization
This refers to the practice of taking what was
once a public service and handing it over to
for-profit organization.
The theory behind privatization is: provide
for foreign investment opportunity and
stabilize fragile peripheral economies.
The reality of the theory has been putting
needed social care and basic necessities of
life in the hands of profit motivated
corporations.
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Challenges / risks
Some of the challenges are:
Lack of complete access to product markets
caused by both trade barriers and hefty subsidies
in developed countries on commodities of interest
to agricultural producers.
Limited access to financial resources and for
some countries high conditionality attached to
concessional resources.
The constraints on acquiring technology in terms
of resources both human and financial and
inadequate infrastructure.
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