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The global standard in work measurement

  • The global standard in work measurement

  • The global standard in work measurement

The global standard in work measurement

 

Investment of knowledge in developing Countries.

The more recently evolved approach to development emphasizes that growth “per se” is not enough, despite being a sine-qua-non condition. This is because development also depends on the quality of factors and mutual linkages, not only of a tangible nature, such as capital investment, but also on intangible factors that comprise an integral part of the “social capital” of the society, such as institutional capability, cumulated knowledge and all of the elements that contribute to a favorable business environment: a pro-business and effective legal framework, private-public partnership, co-operation, networking, and innovation capacity. Behind this new approach to development there is a changed understanding of the process of world economic integration and the contribution of inward capital investment to growth. The contribution of foreign investments to economic growth can be highly relevant, but its actual effects depend on a multiplicity of factors that are related to both: (i) the quality and scope of the inward investments; (ii) the domestic conditions conducive to investment in the host country. Within this context, the International MTM Directorate is supporting the growth of new MTM Associations in emerging Countries, in order to guarantee a solid source of industrial knowledge to those industries searching for attractive labor markets. For example, thanks to the support of the main global players in the automotive sector, the IMD has 3 new potential members: India and Hungary, chapter of the German MTM Association.  At the moment there is also a very important IMD initiative aiming at the establishment of a new MTM association in China. Since the end of 2004 Chinese MTM training manuals and examination papers are available to run qualification programs in local language.

ARTICLES IMD


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<h1 style=”text-align: center;”>WE THINK THAT OUR CLIENTS LOVE US.</h1>
<p style=”text-align: center;”>This is what our clients and partners think about us, so we need to make sure you also do…</p>
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