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Barriers to Economic Growth and Development

Level:
A-Level
Board:
AQA, Edexcel, IB, OCR

Last updated 21 Mar 2021

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What are some of the main barriers to economic growth and development?

This is a revision presentation covering examples of barriers ti economic growth and development in emerging and developing countries.

In their revision students should consider factors such as:

  • Poor infrastructure
  • Human capital inadequacies
  • Primary product dependency
  • Declining terms of trade
  • Savings gap; inadequate capital accumulation
  • Foreign currency gap and capital flight
  • Corruption, poor governance, impact of civil war
  • Population issues
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