Answer to Question #90664 in Finance for Matiullah Shinwary

Question

Consider this, what if a third world country namely Afghanistan's governement starts making businesses such as copying samsung to produce smart phone and phone albeit on a lower level than samsung, copying companies such as nestle to make food products, or maybe walmart to make a store chain, if the get the marketing right and the quality right, wouldn't it skyrocket the GDP and the economy considering they make the marketing and expansion to international markets, I was thinking if the government sets a 50 mil$ budget just for making businesses, of couse considering the man wouldn't be corrupt himself?

Does it have any probability or feasibility?

Answer 1

It has any probability or feasibility, if there is no other risks like war, terrorism etc., and if this copying is legal. But even in this case several reforms in politics and economics should be provided alongside with the rise of businesses.