Table of Contents
- 1 Why do so many developing countries fail to transfer technology?
- 2 Why technical development aid has more benefits for a developing country?
- 3 Why are developing countries so important to the WTO?
- 4 Why do countries with cheap sources of International Development Finance perform badly?
- 5 Why do developing countries select easy targets?
Why do so many developing countries fail to transfer technology?
Many developing countries suffer from the lack of the productivity of labour that is one of the main factors of the economic growth. The lack of the productivity, which can be seen as unskilled labour force, is the most important reason of the failure of the transfer of the technology.
Why technical development aid has more benefits for a developing country?
Aid is most beneficial to low income countries because such countries use aid received for to provide education and healthcare for citizens, which eventually improves economic growth in the long run.
Why developing countries still depend on foreign aid?
Providing aid stimulates the growth of the world economy along with promoting economic development within the region. It can help with market expansion. Providing aid to a country could mean the expansion of goods and resources that can be shared between the two countries.
Why are developing countries so important to the WTO?
They play an increasingly important and active role in the WTO because of their numbers, because they are becoming more important in the global economy, and because they increasingly look to trade as a vital tool in their development efforts.
Why do countries with cheap sources of International Development Finance perform badly?
Stated simply, countries with access to cheap sources of international development finance have a perverse incentive to signal success to their external sponsors and creditors without fundamentally improving the performance of their public sector institutions.
Can the international support measures for Least Developed Countries be reconceptualized?
Part I of this series questioned the theoretical background behind the existing international support measures for least developed countries (LDCs) and highlighted some shortcomings in the record of achievement so far. This section looks at how the international support measures might be reconceptualized for the modern era.
Why do developing countries select easy targets?
Developing countries that are eligible to receive grants and below-market rate loans have strong incentives to meet targets because they must do so to access financing. As a result, they often select easy targets that allow them to declare victory instead of more difficult targets that measure whether institutions are solving public problems.