Foreign investment vs Local content:effects on growth indicator Australian business must strive to improve the production of goods and services in the local economy to increase the economic growth. In doing so, they need a lot of help from the current Government and also from foreign investor. The consequences is that some local ownership of business, especially those small companies, are subject to a higher risk of being taken over by larger foreign companies. …
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showed last 75 words of 919 total
…value for household labour is included. There is not yet a consensus on how many of these things should be valued in dollar terms. Reference: (1) 5c: " Population, consumption and environmental degradation " by Doug Cocks (2) " Foreign Direct Investment for Development" by OECD {Organisation for Economic Co-operation and Development} 4) Szirmai, A., Van ark, B., Pilat, D.1993, Explaining Economic Growth, Elsevier SciencePublisher B.V., Netherlands 5) Shogren, J. F., 1989, The Political Economy of Government Regulation, Kluwer Academic Publishers, USA.