These variables require immediate and unified responses in order to prevent them from negatively affecting economic initiatives that have brought nations together in divergent regions and disciplines all over the world.
Multiple comprisement factors that have facilitated division amongst nations have had a direct correlation on economic inefficiency in different regions around the world that may lead to a dramatic increase in this type of inefficiency in the future. Note the following: Many developing nations, for a host of reasons, may rapidly be falling out of favor with some of the world's leading multinationals. That's a worrisome prospect considering that
FDI flows have been the largest source of external financing for the developing nations over the past half decade. According to the World Bank, FDI flows accounted for 60% of total private flows to the developing nations over the 1995-99 period; last year, the share was nearly 70%. ...Show more