Open markets, discoveries and innovations trigger evolution. Looking at the development of nations we may say that changes and new demands are key drives, whether we talk about emerging or advanced countries. While increasing population in Asia, Latin America and Africa continents stimulates the development of new industries by itself in order to satisfy increased demand and tackle poverty, developed countries need to re-emerge by creating efficiency and higher quality standards.
Recovery of the undermined economies remains a big challenge. Financial crisis and severe competition due to globalization diminished domestic industries and consumption of advanced countries. So, what is next? Restoring industrial competitiveness along with the new job creation?
It is essential for governments solving budget deficit and public finance allocation issues to pay more attention to the unique knowledge and skills their people possess, so that new discoveries and inventions become an engine that attracts investors and stimulates the economy through delivering global benefits of higher living standards.
About Me
- Asta Pravilonytė
- Every manager can call him or herself a good strategist if he or she only works within an environment that is favorable; however, it is only in times of stress that one truly learns what one's capabilities are!
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