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How to lure foreign investment into a Third World country


By Luc Loranhe (2007)

Third World governments concerned with the economic development of their countries should not just listen to the advice of "official" economists. Their advice first of all is politically correct (designed to keep face). The truth, however, may often be something else (something they do not want to state in front of running cameras).

I am different from other men only in the degree to which I am aware of the fact that optimal sexual experience (apart from a gentle death) is the only genuine value in life. Many other men may be less aware of this, but they nevertheless behave in a manner that expresses agreement with this assertion.

One can't keep one's riches beyond one's death, and rich, or just well-heeled, men (and women) often are very willing to spend their money in an economically unwise manner, if nevertheless, this is conducive to optimal sexual experience. What typically isn't reflected in official statistics is the extent to which money is allocated in a way that gives those who decide on it an excuse for being at a location where they want to be (because of the optimal sexual experience that can be found there).

There are two kinds of foreign investment.

The first kind is placed only under consideration of an optimal financial return. This kind of foreign investment often heavily favors the investor, and often is of little long-term advantage to the place where the investment is made. Profits and most assets are repatriated.

Such investments typically can only be obtained with wide-ranging free trade concessions. But free trade, more often than not, is a disadvantage for underdeveloped countries. Local businesses typically are not able to compete with international players with established production processes.

All East Asian economies that developed from agricultural societies into industrialized ones (Japan, Taiwan, South Korea) did so by keeping foreign competitors out and by protecting local producers.

A different kind of foreign investment is done in spite of adverse conditions (no free trade, no repatriation of profits). This kind of foreign investment is only available from those who invest in a country primarily because they like to be there.

There were many American businessmen who settled in the Philippines in the 70s because the country had so much to offer in terms of sexual experience. And for the same reason, Thailand has a huge number of foreign residents (no, not whoremongers).

Early after World War II, Japan was attractive for the same reason. And read historical accounts on the lifestyle of European men in East and Southeast Asia (written not now, but during the time with which they deal) to know about the sexual gratifications that were available. You could understand why a small and difficult business in Asia or Southeast Asia was so much better than a much bigger and more successful one in Europe.

Of course, many of the sexual opportunities have now vanished, and the breed of businessmen who is in Asia for being in Asia, rather than for the business, is no longer as obvious as it was.

Nevertheless, here my advice on what should be done (or should have been done) by the governments of Third World countries to get country-committed investments, rather than purely profit-oriented investments.

The key for country-committed foreign investments is that the country offers a high quality of life. In general terms, this requires a society as safe as possible, while allowing the highest possible degree of personal freedom.

I do not think that a high quality of life should be measured primarily by air quality, the absence of traffic congestions, the availability of comfortable housing at comparatively low prices, and so on.

The most important aspect of a high quality of life still is, and will always be, the ease with which people can engage in sexual relationships. And yes, even illicit sexual relationships.

I think that no artificial barriers should be created for poor locals to engage in sexual relationships with rich foreigners, for the benefit of the locals as well as the foreigners.

This is not a recommendation for prostitution. Prostitution is the providing of paid sexual services in an indiscriminate and highly promiscuous manner. A young woman who enters a sexual relationship with a rich man whom she would happily marry is not a prostitute, even if the sexual relationship is temporary, and even if she derives material benefits from it.

Furthermore, the initial motivation doesn't preempt the female part to enjoy the relationship sexually. In the current world that defames female horniness, many young women actually need, in order to enter a sexual relationship, a non-sexual pretext to justify their decision to themselves and their families. And potential economic benefits are, apart from the professed desire to marry, the only realistic non-sexual justification. To block it on moral grounds is doing a disfavor to both the rich men and the poor women. To put up obstacles against such relationships is a reactionary agenda of Christian missionaries and their feminazi associates.

Even though I am against artificial barriers to sexual relationships in which material concerns play a role, my recommendation to a Third World government would be to keep cheap sex tourists out. They destroy the atmosphere. Impose a high visa fee (200 US dollars, going straight to the state coffers). And limit tourist visas to two months per year.

But offer non-bureaucratic (albeit expensive) residence visas, for example to anybody who invests 50,000 or 1000,000 US dollars, which may be used even for buying an apartment. Repatriation not allowed.

If sexual relationships with locals are easy, you will see Western men (and women) sell their assets in their countries of origin in order to become residents in the country they consider heaven on earth. And once they are residents, they will continue to import funds... all they have. It may be a good idea to impose a flat tax of several hundred dollars per month on foreign residents.

Just don't give the local police a reason to disturb their sexual relationships.


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Copyright Luc Loranhe