By your understanding of development, how can a developing country promote development?

Answer 1

By building development-friendly institutions. Many developing countries lack proper channels for dispute resolution; as a result, domestic businessmen and foreign investors alike fall victims to extortion by criminals and corrupt government officials. Also, almost all developed countries lack infrastructure; you can't expect to have modern factories, if there is no reliable water mains, electricity grid, and telephone lines.

Answer 2

Most "developing" countries have poor literacy rates and high unemployment. The biggest step to take is ramping up literacy.

Along with literacy is the need for better health care, especially for infants. But of course, doctors need to know how to read, so literacy is still goal one.

Then the next step is hard currency-- producing a good that can be traded, so that one can buy other goods from other countries.

Once those three things are in working order, they'll be well on their way.

Answer 3

I didn't want to be the first to answer as I did not know where this question would lead, but, I think that for a Country to develop... it should happen within its' self... not relying on other countries to buy into their cheap labor...

it is the government's responsibility, I think, to provide opportunities for employment maybe by partnering with companies to provide jobs....and facilitate means of education so that people may better themselves...

...very interesting question....

tough one, too!

Answer 4

They have to advertise their natural resources or cheap labor or both. In today's world that will get attention.