How the Lack of Technical and Financial Means Prevent Sustainability Essay

How the Lack of Technical and Financial Means Prevent Sustainability in Developing Countries - Essay ExampleSuch communications are necessary for international trade and the import and export of goods. Business operations would no all-night be limited to the home nation alone, but would overspread the entire area to what that nation has to offer. Such technological innovations would also broaden the range of stakeholders who tolerate an interest in information and communication developments (Souter, p. 5). When evolution countries begin showing continual promise, investors can find wonderful opportunities within that country that convinces them to invest funds in that economy. When that money is invested, the economy benefits as well. Such actions tend to persuade others to do the same, which can then add a popular trend to commit in that particular market.The World Trade pose states that commercial interests do non take priority over development. They know that freer trade boosts economic branch and that that economic growth supports development. The debate, on the other hand, is of whether or not developing countries gain any from this particular system, but it isnt true that these countries gain nothing at all. Since developing countries are higher on the priority list, they are allowed more time to apply the high number of provisions of the World Trade Order agreements. Those that are less developed receive special treatment, which means that they dont necessarily have to follow certain provisions (WTO p.1). But there is still a deficiency that exists otherwise those provisions in place that are required to be followed would be working. Perhaps the provisions need to be reviewed in coordinate to give these countries a boost in the right direction and cause a snowball effect that... This report stresses that there is no doubt that developing countries are on the agendas of the WTO and the International Institute for Sustainable Development. One o f the priorities on these agendas is the information and communication technology sector. Developing countries that would be able to achieve achievement in the information and communication technology sector would be able to achieve communication internationally with other businesses and with consumers to increase income potential. Such communications are necessary for international trade and the import and export of goods. Business operations would no longer be limited to the home nation alone, but would open the entire world to what that nation has to offer. This paper makes a conclusion that there is a technological and financial deficiency when it comes to the advancement of developing countries being tin the rest of the world. Developing countries do have, on the other hand, some processes that are in place, otherwise they wouldnt be developing. One could honestly say that if these countries did not have some sort of successful processes happening, they would be considered un developed and consist of much higher poverty levels than what they currently have. Globalization has opened a world of opportunities for developing countries, but it has also opened a world of opportunities for the developing countries to be taken advantage of.