The growing disparity between the developed and the developing countries has once again rekindled the debate about the relative merits of foreign investment as means whereby the developed countries can help the devel- oping countries in both achieving a reasonable rate of growth and also from preventing the widening gap between the North and the South from widening even further. This renewed interest in the debate was most sharply highlighted at the recently concluded North-South economic summit conference at Cancun, Mexico. There, the United States took the position that massive increases in foreign aid were neither practical nor the best means of ensuring continuing and satisfactory growth in the developing countries. Rather the solution was to be found in depending on a free market economy and on inflows of private foreign investment. Behind these views, of course lie the more fundamental questions: for example, what should be the role of multinational corporations in the developing countries since they constitute the main source of foreign private investment? Should there be greater cooperation between the public sectors of the North and the South? What is the best means of bridging the economic gap between the North and the South: through direct transfers of wealth from the North to the South or through raising South's growth rates via the transfer of technology and the inflow of investment by multinationals? These questions are of fundamental importance and have wide ranging implications, not only for the economic
Struggle to save or spend within your means? Most of us do! A Financial Diet is a great way to sort out your finances and build up a decent amount of money in order to provide a more secure future for you and your family. With sound advice on money management and how to achieve higher savings, get out of debt and invest for a profitable future, A Financial Diet gives you the knowledge to control your money instead of letting your money control you. Whether you're earning minimum wage, the average wage or mega bucks looking after the money you earn is essential to each and every one of us. Without financial knowledge of how to look after your money, it's no surprise that most of us fail to ever control our money and our spending. A Financial Diet will change your whole perspective on what you do with your money and will help you to realise that without learning how to be good with your money you will, unfortunately never have a healthy bank balance and more importantly will never have the feeling of not having to worry about money. Be money smart, start a financial diet today.
Pensioners are losing many millions of pounds each year through saving badly and paying too much tax. The central theme of Your Taxes & Savings 2005-2006 is to help them make the most of their money. It is full of essential information on topics we all need to know more about. The section on tax explains how much tax you should pay, how to avoid paying too much this year - and how to claim it back from previous years with compensation or interest. It also warns about the most common hidden tax traps. The section on savings covers the wide variety of complicated savings products that are around - and what risks and returns older people should expect from each. It also explains how to save money in simple ways, how to avoid wasting money in savings accounts that pay nothing, and how to get the best interest, even on a current account. There is also advice on the Financial Services Authority, how to complain, and how to get compensation.
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