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42 votes
42 votes
Hey!!Can y'all help!!

Explain about how foreign employment assists in improving the economic condition of a country.​

User Rtev
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2 Answers

13 votes
13 votes

Answer:

Every foreign worker should go back after a few years, supported by the host economy, to invest and build business in her/his originating community

User Daniel Luyo
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3.2k points
25 votes
25 votes

Answer:

Foreign countries always try to help and create conditions for developing countries where they can focus on their development. Foreign countries help by introducing them to foreign investment and investments from international organizations, which allow in the growth of certain industries and future economic growth. They also provide foreign exchange in daily purchase activities as well as direct investments. Countries that are slow in developing will tend to be poor; so what they need is a push to change the way things are done, a push from another country or an international organization. For instance, the IMF and the World Bank usually provide assistance to country that are slow to grow in a very difficult situation. Another way they help is by providing them with foreign employment opportunities which often provides jobs. Foreign employment paves the way for improvements in their living conditions and living standards, resulting in economic growth. For instance, for a country like Nigeria where there are employees working abroad earning decent wages, many others have decided to follow them by taking up similar means of employment elsewhere.

Good luck!

User Gsa
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2.9k points