Civil war, dishonest government officials, fraud and the purchase of arms and weapons.
Corruption and instability (economic, social and political)
Japan has the highest gov. debts due to a devastating earthquake & tsunami in 2011
Governments repay loans, along with interest payments, rather than investing in country.
The higher the public debt, the lower a country’s standard of living tends to be.
Sharing limited resources among a growing population hinders economic growth
Low prices & profit margins in comparison to manufactured products and tertiary services.
Poorer countries tend to have high population growth rates
Reliance on primary sector output, such as agriculture
Low foreign direct investment (FDI)
Poorer countries tend to have high population growth rates
Low-income countries are more likely to borrow $ to finance public sector expenditure.
Unemployment is often linked to a combination of low literacy, lack of skills and poor health
The lower the GDP per person, the poorer the country tends to be due to the low wages
Countries with a high proportion of unskilled workers tend to have a low GDP.
Illnesses caused by malnutrition and a lack of healthcare reduce life expectancy.
The lower the life expectancy the greater the degree of poverty in the country.
The root cause of child labour in many parts of the world is extreme poverty.
People are living longer, yet many elderly people have no income to sustain their life.
Insufficient investment in healthcare hinders countries to develop and get out of poverty.
LEDC governments are unable to provide preventive and curative healthcare services.
