Capital in Developing Economies

Abstract: An 8 page paper discussing the contribution that capital can be expected to make in economic development and why it is necessary. Every activity requires capital funding, and initial economic activity contributes to growth of capital available for further development. This process is stunted and sometimes halted in the face of political corruption, where lack of transparency enables capital growth to be siphoned off to individuals. Developing nations need to be able to attract foreign direct investment and construct a regulatory environment that encourages further economic development. Bibliography lists 3 sources.

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Catagory:

Subcatagory: International Economics & Finance

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