Antigua’s constant growth in population positively impacts business and government in the country. This can be said because steady population growth provides a steady work force for businesses and at the same time steady consumers. In regards to the government this provides a constant supply of tax payers and workers. When analyzing population growth it is important to assess the ages …show more content…
Looking at the country at hand, Antigua and Barbuda, their net migration rate is 4.2 migrant(s)/1,000 population. Over time the accumulation of migrants may cause changes in consumer preference for products from various because of the introduction of a new culture. Additionally, these migrants may begin businesses which increase the competitive environment for other businesses. From a government point of view they will have to evaluate these migrants coming into the country to ensure that these persons are not criminals etc.
As an island whose main industry is tourism, an investment is very important to the economy policy in order to maximize investments in the country. Investment policies depend on the country’s laws, regulations and practices that directly enable or discourage investment and that enhance the public benefit from …show more content…
The Citizenship by Investment Program has not been a success. Since the implementation of the program, citizens have loss visa free access to Canada. The country has seen a 95%decrease in the CIP program since losing its Canadian access. The program began with good intentions but instead has had an overall negative effect on the country. Other investments policies such as tax holidays and other incentives to foreign direct investment have been successful without harmful effects on the entire population. The government needs to implement an investment policy which can help to sustain development not only in the short run but mostly in the long