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Jinsub Kim

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How can developing countries upgrade social capital??

Developing countries experience rapid economic growth. However, at some point, that growth tend to slow. They face a difficulty in dealing with social capitals such as rule of law, corruption, etc. They prevent those countries from further economic growth. So, please give me better ideas ??

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    R H 30+

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    Jul 1 2012: ah yes. exploding economic growth with no social planning. Capitalistic exhuberance with no view of the past, no concern with the experiences of those who went before. the western world's experience has produced slums, vast disparity, and increased incarceration along with it's riches and wealth, yet the new emerging economies - according to your assessment - have paid no heed to the 'dark side' of this force. Unfortunately, my friend, there are 'better ideas', but no immediate cure. This is an evolutionary dilemma. We, as a 'society', will have to grow out of this sophmoric exhuberence to be able to make significant wide-reaching impact. Until then, find a place to be and live in the way you desire. no one will interfere, because no one really cares enough.
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    Jul 29 2012: Pass human rights legislation and enforce it. Make it clear that you believe in it.
  • Jul 25 2012: In most countries cooperativism is the key.

    1- Identify a need and investigate if the people can pay and are willing to pay for that product or service. Start with low
    initial capital project until your people feel comfident on the business model you are going to establish.
    2- Unite the minimum quanity of people with the necessry skills and similar interests to run the bussiness model. As
    Rhona say, does not exclude any person on your working team. Adapt the working activity to the workers
    (Thank you Rhona).
    3- Identify the resources, capital and potential customers required for the product or service your group will provide.
    4- Divide the obtained earnings into the working team. The most successfull model usually is pay by work performed.
    5- Don't have unhappy people working on the group. The work should be voluntary. An unhappy worker can spoil the
    whole working structure.
    6-Be Just with each worker remuneration and explain to them your desitions.
    7-Try to find people who will be willing to invest in your project. Better if you can retrieve them with the service or
    product you are going to provide.
    8-The work does not finish until the money is in the pocket. Unpaid services can errode the system.

    Businees are risky, expensive and tedious. You have to dilute those factors into your skakeholders so they have the need to be commited as you on the success of your business model. If people are not able to share any of these factors, they are not really commited to the business.
  • Jul 7 2012: Equalize power in every sector of society between males and females. That is the shortest cut to attaining all the positive goals all females and males share. Keeping women down is short-sighted and has proven to not work. Life is better for all in societies where women have greater equality with men, e.g., the northern European nations, north America. Truth is powerful. Truth is women require as much political, economic, religious and other forms of power as men do. Instituting this truth will lead to other truths prevailing that will lead to a happy world for all.
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    Jul 5 2012: There have been model for some time in nation and international management that deal with expansion, growth, development, etc ... There is always a plug in area for recovery.

    All the best. Bob.
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    Jul 2 2012: Well, there really is no way to help it once large, developed countries are already set up.
  • Jul 1 2012: Hi, R H,
    I agree with your opinion saying 'no immediate cure. '
    It is not an easy task. Distrust in a society make many players pay more money and spend more time.
    For example, in the case of rule of law, if The percentage of people who think 'following the rules and laws is not beneficial for them' increase more and more, people in the society spend more money and time to protect their rights. As a result, the whole society spend more texes and make their rules and laws so tight and complicated.
    It also make global companies be reluctant to invest...
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      R H 30+

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      Jul 1 2012: Yes. Interesting how that works, isn't it? We've replaced outright brutality (in principal) with 'geeky' intellectualism and complication via 'the rule of law', netting the same effects of the former. The Christ is credited with saying : 'The poor will always be with you...'. I'm beginning to think he was right.