Social Sciences, asked by haneenabdulwaheed4, 1 year ago

a short note on most poverty stricken countries in the world


haneenabdulwaheed4: plz fast

Answers

Answered by suprit1729
1
Many of the poorest nations in the world are places where issues such as authoritarian regimes, political turmoil, weak financial institutions, inadequate infrastructure and corruption deter foreign investment despite the fact that many of them are immensely rich in natural resources and have a young, growing population. In our list of the top 10, five are landlocked, which means they have no direct access to maritime trade and another one is in the midst of a civil war, which helps to explain why some of them are currently not in the best of shape.

Despite how grim that may sound, these countries stand to benefit the most in the coming years as emerging markets will become vitally important to the global economy. Although per capita GDP will still be the highest in the developed world by 2023, the fastest growth in GDP per capita will indeed come from many of the world’s poorest economies currently. According to our forecasts, the highest per capita growth from 2017–2023 will be in Mongolia with an 89% increase in that time span, followed by Myanmar, Egypt, Serbia and Bangladesh with 83%, 80%, 79%, and 67% growth in per capita GDP, respectively.

With that said, let’s have a look at the poorest countries in the world according to the FocusEconomics Consensus Forecast for 2019 nominal GDP per capita.
for ex-uganda,mozambique

haneenabdulwaheed4: thanks
suprit1729: does it need more explanation?
haneenabdulwaheed4: no
suprit1729: please select it as branliest...and make my day....too
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