The Future of International Entrepreneurship

The goal for all countries, but particularly the developing countries, is sustained increase in the economic standard of living of a country’s population. In general terms, an increase in a country’s economic well-being is measured by the change in its Gross Domestic Product (GDP), along with certain positive macroeconomic indicators including lack of inflation, increased flow of foreign investments, a strong exchange rate and the like. Perhaps one of the most critical variables that is most neglected in the world economy, and particularly in developing countries, is distribution of income. As discussed at the beginning of this book the economic gap between the haves and have-nots is not only the proof but also the symptom of a major global malady. However, as mentioned many times throughout our discussion the whole world is suffering from this ailment.