William Laraque, Managing Director at US-International Trade Services
21.07.2015 01:00 am
Tomorrow, and tomorrow, and tomorrow,
Creeps in this petty pace from day to day
To the last syllable of recorded time,
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life’s but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,
Models of Economic Development
The acid test for economic development models is return on investment (ROI). The search for higher ROI is universal. The recent 29% drop in the Chinese stock market provides poignant testimony to any reliance on the strategy of encouraging the assumption of unguarded risk and unbridled consumer consumption.
Continuous improvement applies to national models of economic development just as the imagination applies to economics. The imagination applies to everything tactical or strategic. Economic development is geostrategic. I reference II. "Don't Get Around Much Anymore" with regard to the multi-disciplinary approach to the geopolitical and geostrategic.
Economic development is part every human endeavor, part of the human stream of consciousness which is subject to reputational risk.
There are 3 prominent models of investment in economic development. They are:
1. The Shock, Awe and Technology model of the U.S.
2. The R4I or Resources for Infrastructure Investment model of China