Borrowing and lending the wrong direction.
Policies and strategies need to be redesigned based on the practice of borrowing. Learning, producing, upgrading and competing with the most advanced economies is the long-term strategy for development. We often confuse truth and popularity, and we believe that what is popular as truthful.
What is not popular may not be truthful. Industrial production and Innovation is the kay. The importance of innovation has been reinforced both by globalization and by rapid advances in new technologies, which have enabled new forms of competition and opened new markets for the creation and delivery of innovative products and services.
Globalization has also move up the value chain and engage in a continuous process of adjustment and innovation.