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What is Economic Development Obstacles in Pakistan about?

There are many obstacles to economic development in Pakistan and other developing nations, including economic, social, cultural, political, and administrative barriers. Some of the major economic obstacles are a lack of capital and foreign exchange, a "vicious circle of poverty", underutilization of natural resources, outdated technology, high inflation, low per capita income, large debts, dependence on agriculture, and trade deficits. Significant social obstacles include high illiteracy rates, low standard

Author

jabrankhan

Language

EN