focus should be given on regional balance in development activities for the delivery of equal benefits of those activities in all places of the nation. explain with justification.
Answers
Answered by
10
Hey mate!
Mark this brainliest :
SUMMARY OF KEY POINTS
Private sector growth is a key contributor to alleviating poverty
Interventions to promote growth must promote inclusivity and minimise risks associated with inequality
The private sector already ‘does’ development and has a shared interest in achieving ‘development outcomes’
In order that aid can be used effectively and achieve value for money, donors need to be fully apprised of the context(s) in which they seek to operate
The private sector of the Pacific is not the same as the private sector of Australia
The private sector of one Pacific island country may differ significantly from the private sector of another Pacific island country owing to a number of factors
Interventions to support private sector growth in the Pacific island region should focus on ‘home-grown’ businesses not on businesses located in Australia
To develop the private sector, a diversity of markets needs to be identified and the significance of domestic markets should not be overlooked
There is much that we already know and this knowledge needs to be brokered and leveraged effectively to enhance future activities
To maximise available opportunities and alleviate the burden of transaction costs, bilateral and multilateral donors need to work together strategically
Regional ‘solutions’ should be approached with caution
Opportunities to work with sub-regional groupings should be explored
INTRODUCTION
Private sector growth is widely acknowledged to be an essential component in the alleviation of poverty as a means of providing more and different economic opportunities in any given society. However, to focus on growth alone generates a risk of creating or exacerbating inequality and this is particularly hazardous in small countries that are in the midst of rapid transition from subsistence-based economies to those that are increasingly cash-based. Development interventions, including use of aid money, must first ‘do no harm’ in relation to inequality and then act to enhance inclusivity not only in relation to opportunity but also when it comes to benefitting from increased economic growth at the national level.
I hope this may help u.
Mark this brainliest :
SUMMARY OF KEY POINTS
Private sector growth is a key contributor to alleviating poverty
Interventions to promote growth must promote inclusivity and minimise risks associated with inequality
The private sector already ‘does’ development and has a shared interest in achieving ‘development outcomes’
In order that aid can be used effectively and achieve value for money, donors need to be fully apprised of the context(s) in which they seek to operate
The private sector of the Pacific is not the same as the private sector of Australia
The private sector of one Pacific island country may differ significantly from the private sector of another Pacific island country owing to a number of factors
Interventions to support private sector growth in the Pacific island region should focus on ‘home-grown’ businesses not on businesses located in Australia
To develop the private sector, a diversity of markets needs to be identified and the significance of domestic markets should not be overlooked
There is much that we already know and this knowledge needs to be brokered and leveraged effectively to enhance future activities
To maximise available opportunities and alleviate the burden of transaction costs, bilateral and multilateral donors need to work together strategically
Regional ‘solutions’ should be approached with caution
Opportunities to work with sub-regional groupings should be explored
INTRODUCTION
Private sector growth is widely acknowledged to be an essential component in the alleviation of poverty as a means of providing more and different economic opportunities in any given society. However, to focus on growth alone generates a risk of creating or exacerbating inequality and this is particularly hazardous in small countries that are in the midst of rapid transition from subsistence-based economies to those that are increasingly cash-based. Development interventions, including use of aid money, must first ‘do no harm’ in relation to inequality and then act to enhance inclusivity not only in relation to opportunity but also when it comes to benefitting from increased economic growth at the national level.
I hope this may help u.
gabbru:
thanks for marking me brainliest
Similar questions