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Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound of money supply, a low saving rate, poor capital base, and a lack of foreign exchange. How these problems are connected with each other?

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Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound of money supply, a low saving rate, poor capital base, and a lack of foreign exchange. How these problems are connected with each other?

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Lack of sufficient foreign investment and support from financial institutions leads to shortage of funds for developments in infrastructure and industry, thereby leading to low income for the people in the country and low savings rate. Poor capital base is a consequence ...

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Sheetal Jain, PGDM
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  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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