What is the most effective way to stimulate growth in developing nations?
Poverty, Education, Healthcare, Business, Government & Corruption, Employment, Finance, Environment, Social Justice.
Economic policy is created to assess these areas to stimulate economic development. Many developing countries have slow economic growth due to deficiencies in the above mentioned areas.
For many years, governments, NGOs, multinationals, and non-profits have sought out methods and formulas for tackling core issues in developing nations.
However, the concept of growth is also a contentious field. Is growth purely economic? Or is it also technological? Welfare or Wellbeing? It's up to you to decide!
In your opinion, what is the best way to stimulate growth in developing nations?