Essays

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Some people believe that countries should invite foreign companies to open their braunches, offices and factories in order to develop their economies. Others think countries should invest in their own companies instead. Discuss both views and give your own opinion. There are different views with regard to developing the economy ics of a country by investing and encouraging companies to be more active in markets. Some experts believe that foreign companies has have a crucial role in development of the economy ies and the countries should support them to open their branches brunches and factories, while others think that the investment should be made done by in their own companies. Through this essay both views will be investigated to present a reasonable conclusion. It is asserted that offering financial incentives to the foreign companies in order to increase their activity in the country can improve the economy ics. There are such experiences that illustrate that this scenario can work inversely reverse as well. One obvious example is Iran under sanctions; where international companies couldn't continue their activity in the country and investment in own companies didn't work to change the situation. Thus, the importance of international companies to improve the economics of the countries and particularly in developing countries y can be seen. On the other hand, some believes that the government must invest in the own companies. Although this trend is understandable and logical, in the situation without competition e with international companies it can be counterproductive. Coming again to our example Iran reveals that without being some successful companies in the economics, showing the true way to the others in a competitive on atmosphere, the development will not be achievable for the country. After analyzing es the both views, investing and encouraging international companies or just emphasis on the own companies to develop the economics, it is believed that each method alone lonely will not be the solution. Only a combination e of offering financial incentives to the both international and own companies depending on the economies ics can create a healthy competitcompetitive ion situation which leads the county to the development