How to Plan for Economic Development?

Mr. Marcus Asay earned his Bachelor of Science in Business and Public Administration. Marcus Asay

went on to matriculate at Thunderbird, The American Graduate School of International

Management, where he earned his Master of Business Administration in 1982.

Mr. Marcus Asay began his impressive professional career as a dedicated undergrad student attending California State University, Sacramento.

Having come a long way since his academic career, Marcus Asay today serves as a Principal of Planning and Development for IE/Cal Design & Development Center. With over 20 years of professional business experience under his belt, Marcus Asay has developed a solid reputation as an efficient leader with savvy business skills. As Principal of Planning and Development, Marcus Asay is responsible for the management of projects, such as the firm’s newest design proposal for a National Museum of African American History and Culture in Washington, D.C. Under Marcus Asay’s keen management, IE/Cal Design & Development Center has completed a number of projects, including Kira Japanese Restaurant, the Fresno Falcons’ Ice Hockey Arena, and Trump National, Golf & Gardens.

In order to achieve coveted and most sought after development patterns from personal, political, social, economical and intellectual factors to prompt progression, there are several factors to consider. Apparently, it has been observed that economic factors cater the best significant objective and purpose within any system. The threesome social, political and economic development basically needs a perfect balance and precedence of goals. To attain and ascertain the desirable results, it is extremely essential to have thorough knowledge about these three main forces. In addition, it is also vital to have positive and deep understanding of familiarized connections between economic and political power, economic and intellectual life, social and economical development etc. If grounded and balanced with foundation theories, the effective and practical usage of political power to achieve economic ends is substantial that is targeted to gain more prosperity and growth, considering all the realities of the environment in an organic pattern proportional to the particular indicants of environment.

As a matter of fact, China’s rapid achievement and economic development progress through out from the Cultural Revolution period of 60’s to modernism prodded in the year 1978 has left a desire, objective and aim for other countries too to reach greater heights. This extraordinary accomplishment and achievement left China ranking a global position of first in the foreign reserve grading, fourth in the gross domestic product, and third in the trade volume market. The positive, structural and formative application of specialized knowledge and decisive factors always render amazing and astonishing results in all kind of cases. Example, after finding out the Chinese targeted policy of five year plan meant for economic development, other countries like Malaysia, Singapore, and Brazil etc. also duplicated the similar feats in their country for economic development and growth.

So, the period of backwardness and deceleration should be transformed into a more strategic and customized approach by hopping furrowed segments not only meant for minimizing the time frame but also for applying a practical and sustainable approach. In short, encompassing all the significant components for success, the right focus, determination, and orientation mated with proper behavior, attitude, discipline, required values and personality trait articulates and formulates the economic development.

Thank You for reading my presentation!

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