Question

What may hinder development in a region?

Answer 1

Answer:

This study aims at finding out the factors that hinder the development of economic activities in this region

Answer 2

Answer:

Factors that hinder development

Findings – The paper finds that public borrowing, trade deficit, military expenditures, the low level of technological innovation, population, political turbulences, and corruption, all hinder GDP in the long-run. Additionally, public debt, military spending, and political instability obstruct GDP in the short-run.