The Investment Redistributive Incentive Model (IRIM).
Tourism holds the hopes of many in creating job opportunities for the masses of the unemployed globally. The poor growth of economies has failed to address the problems of unemployment, poverty and inequality. For growth to be impactful, foreign direct investment is considered one of the sources of the required impetuses. It is possible to incentivize both foreign (direct) and local investments. This paper, which was prepared using secondary sources of information, argues that it is possible to introduce incentives linked to investments in what is posited as the Investment Redistributive Incentive Model (IRIM). The IRIM rewards companies that support local ownership and control of enterprises through an incentive system en route to total liberation/local control of enterprises in whole geographic areas as the ultimate goal. The IRIM uses investment incentives such as tax cuts, breaks or relief as redistributive instruments to effect change through the reconfiguration of the management and ownership structures of companies. IRIM could be applied in any company, large or small, for equity and social justice. Foreign investors could also be linked to educational institutions in relation to facilitating the supply of skilled workers. Redistributive formulas become imperative to avert the various forms of societal dissonance because current trajectories are not sustainable where only a few get rich while the majority remain poor in a world trapped in a capitalistic and narcissistic modus operandi.
Article Introducing the Investment Redistributive Incentive Model (I...
Definitely a good idea and model!
You could be interested in the following approach:
https://www.academia.edu/40262572/The_Win-Win-Win_Papakonstantinidis_Model_from_Social_Welfare_s_Philosophy_Towards_a_Rural_Development_Concept_by_Rural_Tourism_Approach_The_WERT_Case_Study
I think the topic of investment and inequality is very interesting and relevant. It is also interesting to consider the relationship between investment, economic growth and economic inequality at national and regional level.
Investment is mainly related to the economy, and investment is of great importance for countries, because it contributes to increasing production, strengthening the economy, providing job opportunities and improving the standard of living
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Types of investment
* National investment, foreign investment, strategic investment, direct investment, public investment, private investment, social investment, long-term investment, and short-term investment.
Reducing inequality within and among countries “was to enable and promote social, economic and political inclusion for all, while ensuring equal opportunities and reducing inequalities in outcomes, and adopting policies, particularly financial, wage and social protection policies, while facilitating migration and the movement of people in a manner Organized, safe, regular and responsible
the relationship between investment and inequality often depend on the nature of economic system that applied within country , for example investment policies in united stated differ from latter that applied in the developing countries ( including the republic of Iraq )
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