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Among the problems that hinder growth in developing economies

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1.Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Explain how these problems are interconnected.;2.What are the arguments for using real per capita GNI to compare living standards between countries? What weakness does this measure have?

 

Paper#22915 | Written in 18-Jul-2015

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