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What is Capital and Investment in Developing Nations about?

The document discusses the complexities of capital and investment in developing countries, highlighting the discrepancies between orthodox economic theories and the actual needs for development. It emphasizes that economic growth relies on more than just material capital, with significant contributions from health, education, and other non-material investments. The author argues for a broader definition of investment that includes current expenditures on human resources and institutional development, which

Author

thumi199x

Language

EN