Monday, June 27, 2011

Global Strategic Enterprises, Inc -for Peace and Prospeity (GSE4P&P): Remittances Leverage for Development the AU Perspective

Global Strategic Enterprises, Inc -for Peace and Prospeity (GSE4P&P): Remittances Leverage for Development the AU Perspective

Global Strategic Enterprises, Inc for Peace and Prosperity- www.globalbelai4u.blogspot.com

1 comment:

  1. The issue of remittances and its implication to developing countries is becoming a new phenomenon due to its sheer volume compared even to transactions between for profit and non profit global organizations.

    Remittances as a tool of development in terms of small business enterprises is possible. However, large development enterprises need more money and should be left to the hands of Developmental Governments and Big Private Sector initiatives.

    All the same, this is a very important factor as Israel, Ireland and England were built by Remittances, some of which is in kind or labor whereas others are done with finances.

    The Financial Speculators who sank the Global Economy are moving to Developing countries to buy and sell even speculate on perishable commodities such as food and energy sources.

    It is critical that the current growing resources from Remittances are protected from the Financial Speculators who will be happy to pollute this genius of a gem with Developing countries.

    So, the question at this conference should be how to protect the Developing Countries potential resources from the sharks that sank the global economy who now want to hide in the Developing countries new ventures, etc.

    I look forward to hear your perspectives

    Dr BMJ

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