Economy Development In Transition
Development, the agenda of developing countries for half a century, the only issues are that busy. Developed and developing countries, in order to provide a more prosperous citizens of life today as yesterday, attaches great importance to the issue of development. However, development, developing countries compared to developed countries is a title of interest. Because developed countries are countries that are in currently in development carried out. Therefore, the objective of economic growth by increasing the priority of the country's per capita national income is to increase. Whereas a bigger target for developing countries. To ensure that countries development in addition to increase per capita income, capital increase, industrialization and structural transformation must perform. You easily can be overcome in ensuring development is not an issue. This is however a social recruiting and systematical middle path in a long term work will be possible.
Developing countries in the process of development at the beginning of the development of the basic problem faced by finance. This problem as in the past, today's developing countries are faced in the process of development continues to be the main problem. The size of the economic development for developing countries, in a way, is stepping up the accumulation of capital. However, it is strongly it should be noted that development can only connect a over-simplified accumulation of capital, will be in the style of approach. Because the accumulation of capital in addition to technological development, entrepreneurial spirit, the existence of a sufficient number of skilled entrepreneurs, the nature of the human capital, natural resources and social, political, religious, cultural, geographical and development on a number of factors, such as It is a fact that is undeniable. Already the subject of development, and may be held equivalent to capital accumulation limited and the issue of development began to gain popularity after the 1940s and lived experience of many developing countries, in the process also is constant. How much resource development in financing will be needed is a question important to respond. This size can differ between countries, within countries may differ at the semester. Determines the size of the required financing for development needs fundamental group unit of society, the country itself is targeted for development speed. This is in order to speed development of the targeted development will finance the size of potential internal and external savings. The direction of both the quantitative and the qualitative development and according to grow is a concept quite comprehensive. In addition to capital development, economic growth, industrialization, and perhaps most importantly, is a concept that includes structural change. Therefore, the concept of quantitative or qualitative aspects of development, only one will be missing work to explain with an assessment. Development of great importance in terms of structural change will not be realistic to reduce the a single digit. Development rate until recently to follow through with economic growth figures even if it would be accepted as a method of missing. Today, the countries need to be diversified, of statistical information as well as international organizations by regularly compiling and analyzing qualitative aspects of development.
Development, the shared objective of all developing countries. Because the ultimate goal of development in raising the quality of life of individuals. To achieve this goal at the beginning of the development of the underlying barriers to financing problem. Developing countries the size of the funding they need for development, because it has the economies of these countries with capital-savings product is determined by the coefficient. Capital-increase the share of data under the assumption that development and increase savings, however, raise the speed at which savings are channeled into productive investment, it is possible to. Of inner and outer are two main funding source. Internal funding resources taxes, capital markets, domestic borrowing, with individual and corporate volunteers savings consists of inflationary financing. Development funding is used in internal funding sources according to an individual with the desire and makes voluntary and mandatory savings may be subject to discrimination. Taxes on the basis of necessity when creating an example of savings and other domestic debt capital market is usually made according to voluntary savings example. Internal resources are the most important source of financing development in taxes. Taxes, for developing countries is the source of a mandatory funding of development. However, in order to create an effective tax policy development in this country in which it is very difficult due to structural reasons. In developing countries, in order to perform internal funding sources are insufficient development, these countries require external financing violence. External funding sources while external debt development, consists of foreign private capital and foreign assistance. Development funding is to be used in internal and external resources, public and/or private sector within the framework of existing institutional structures in the country by the economic conditions can be used in different ways according to the conditions specified.