A US Treasury official recently "urged Mexico's government to work harder to reduce violent crime, saying the country's high crime rate could frighten away foreign investors." An off-the-cuff remark, perhaps, but it shows how foreign trade and investment are seen as the yardsticks for evaluating developing countries. Development strategy, indeed, is becoming hostage to the idea of integration into the world economy.
A US Treasury official recently "urged Mexico's government to work harder to reduce violent crime, saying the country's high crime rate could frighten away foreign investors." An off-the-cuff remark, perhaps, but it shows how foreign trade and investment are seen as the yardsticks for evaluating developing countries. Development strategy, indeed, is becoming hostage to the idea of integration into the world economy.