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  1. Nov 2021
    1. condition for foreign investors

      Not easy task for small states!!! --- Inasmuch as each country's responsibility is to protect its citizens against the monopoly enjoyed by big foreign investors, for small states, especially LDCs, it is not always favourable, even if it may be possible to impose stringent conditions for foreign investors, for example, mandatory transfer of technology and employment of locals. Most big companies usually tend to threaten vulnerable economies with the "take it or leave it" proviso, thereby putting the latter on a tight spot so much so that they ultimately succumb to the former's indirect pressure on account of securing an investor.

      Source author: Malefetsane Dominic Mosala mosalalaw@gmail.com

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