The Costa Rican government relies on factor mobility policies and attracting foreign direct investment to industries with high growth potential like appliances, electronics, and medical to make use of their labor and meet economic objectives. In contrast, the Russian government exploits global oil demand and transformed its economy by shifting industry control from state-owned to more competitive private enterprises.
The Costa Rican government relies on factor mobility policies and attracting foreign direct investment to industries with high growth potential like appliances, electronics, and medical to make use of their labor and meet economic objectives. In contrast, the Russian government exploits global oil demand and transformed its economy by shifting industry control from state-owned to more competitive private enterprises.
The Costa Rican government relies on factor mobility policies and attracting foreign direct investment to industries with high growth potential like appliances, electronics, and medical to make use of their labor and meet economic objectives. In contrast, the Russian government exploits global oil demand and transformed its economy by shifting industry control from state-owned to more competitive private enterprises.
Compare the role assumed by the costa rican government in using trade to meet Q5 national economic objective with that of the russian government.
The use of Strategies and Regulations
Costa Rican government is relies Russian government has adopted
on Factor- Mobility policies. They the strategy of exploiting the global targeted Industries that promised high demands of oil. Also Russia has growth potential and pay higher transformed the economy by shifting wages (appliances, electronics, the control of the industry from state- medical, etc) and by attracting FDI to owned businesses to more make the best use of their labor to get competitive and efficient private their economic objectives. enterprises. Costa Rica GDP/capita : 12,076.81 USD (2020) Russia GDP/capita : 10,126.72 USD (2020)