Which is most challenging for developing countries? large aging populations economic and employment issues social and environmental issues outsourcing of jobs to nearby areas
Answers
The first three factors are all equally challenging, to any developing country.
A large, ageing population calls for large infrastructure and resources, to take care of the ailing population. Economic and employment issues, social and environmental issues etc. can upset the economic standing of a developing country. Solutions to all these issues, require huge capital inlay, which is where, developing countries face hurdles.
The World Bank and other financial institutions may provide financial assistance in such cases, but which may be limited.
Economic and employment issues is the most challenging for developing countries.
The developing countries face many economic problems owning to lack of technology and proper management of market system. It lead to the rising employment which is now-a-days serious issue. Most employees are under-paid which further worsens the situation therein.