Foreign Direct Investment in Burkina Faso Essay

Foreign Direct Investment in Burkina Faso - Essay Example From this paper it is clear that  the host country for FDI stands to benefit in a number of ways in terms of capital formation, export diversification, technology import, management system improvement, and enhanced market competition, infrastructure development to support economic activity, financial sector growth, and markets development.According to the report  FDI is a powerful engine in helping to achieve country objectives such as those about poverty reduction, development, and international integration and it is perceived to be an international investment route that most developed economies have embraced. Low income countries in Africa, for example, have not taken this advantage and are thus being excluded from the globalization benefits of FDI.  Burkina Faso is a landlocked sub-Saharan country located in West Africa. Its population is estimated at more than sixteen million people. Burkina Faso experiences limited rainfall and their natural resources are minimal and there fore it is referred to as one of the poorest countries in Africa. Poor farming activities and the existing drought have ruined the environment resulting in decrease of food stuff. The main export product for Burkina Faso is cotton accounting for about 60% of the country’s total exports, or 5% of GDP.  The country has limited resources and is highly prone to external vulnerabilities because its economy is heavily reliant on imports rather than exports, despite the country entering into intraregional trade liberalization agreements.

Blog - how pop culture can change language Essay

Blog - how pop culture can change language - Essay Example (Safire-blog p.355, Â ¶ 3) Blogging has added another space to the means of communication. In fact other Medias now perceive this new trend as a challenge against their business interests. In an article written in Wall street journal, Peggy Noonan explains blogging as a 24/7 opinion site which offers absolute freedom in expressing personal views, anytime anywhere in the world about anything. (Safire-blog p. 355, Â ¶ 1) Most of the other Medias of communication are not giving such freedom in expressing the personal views. Most of the medias will go through the articles and will do little bit censoring if required, before they approve it for publishing. Thus the article writer may not get absolute freedom in expressing their opinions about a topic in other forms of media compared to blogging. Moreover the blogger gets the freedom of publishing the article instantaneously once it is completed where as in other Medias, publishing of an article will take some time depends on how frequently the media engaged in pu blishing activities. For example, news papers normally will publish once in 24 hours whereas weeklies and monthlies will take much longer time for publication. The greatest concern about blogging has come from the traditional Medias. Because of the immense freedom associated with blogging in expressing and publishing personal opinions, the traditional media looks suspiciously at the growth of blogging. But most probably these concerns are meaningless since most of the people are well aware of the lack of authenticity of matters appear on blog sites. The reliability and validity of information appearing on blogs may not be as good as that appearing on traditional Medias. Personal opinions may not be correct always since it lacks supported evidences. (Safire-blog p.355, Â ¶ 4) In conclusion, blogging is one of the