Question:

Which developing country was once colonized by a European country?

by Guest11165094  |  2 years, 9 month(s) ago

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Which developing country was once colonized by a European country?

 Tags: colonized, Country, Developing, European

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  1. Ali Abdullah
    Hi, Macedonia is one of the risky countries. Eventual investment of foreign capital in the form of portfolio investments would come after forming a judgment that high profits would be made from speculative investments. There is no other reason why would anyone invest in Macedonia and not in, for example, England where the risk is much lower. The Macedonian companies and the Macedonian market can compete only by offering higher yields through capital gains, dividends or interest payments, and especially the former. Because the capacities in Macedonia are under-utilized, and the level of development is low, higher positive earnings are possible. I would like to return to the suggestion, that the government should initially take upon itself to attract foreign capital. The minister that I mentioned earlier should suggest a programme with pre-determined deadlines, and submit a report to the government on compliance with it. He should be directly engaged in: 1. Attracting portfolio investments (selling smaller and/or bigger parts of several our companies to western investors, through the stock exchange). In this case we are talking about indirect investments (through the stock exchange) of large, prestigious, investment banks, brokerage firms, funds etc. 2. Attracting direct investments (sale of control nuclei of factories and other companies in Macedonia to foreign investors, and with a prior agreement signed with the government and with the Agency of privatization). These deals – in the absence of a law regarding takeovers - would formally be effected through the stock exchange. In this context, we are talking about direct investments where multinational renowned manufacturers of a certain products would buy factories in Macedonia, in their field of manufacturing. 3. Joint investment in new projects. Hope it helps

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