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Factors that promote or inhibit development (Geography (Tropical…
Factors that promote or inhibit development
Geography
Landlocked
Navigable rivers
Natural harbours
Arid conditions
Can't grow crops
Tropical conditions
Extreme weather
Or fertile land
Small land locked countries
Burundi has a more difficult time than the DRC
Natural Resources
Demographics
High brith rates
High death rates
Maybe low life expectancy
Brain-drain
Social barriers
Women denied access to labour markets or political rights
Religious or ethnic groups barred from the labour market
Dependency ration: (Number of dependent youthful + elderly) / working people
Pro-natalists
Anti-natalist
Germany has small young population --> thats possibly why they allow 1 million refugees in.
Elderly expenditure
a whole other sector of goods and services - the grey economy
Economic Barriers
Trade
Countries build up tariffs and quotas to protect their own industries or to give preferential treatment within a trade group
Fiscal Gap
How much debt a country has
Slow growth meaning less saving and investing compared to GDP
Governments lack the ability to invest in infrastructure, health & education
Poor population = low tax base
Poor use of taxation
Debt repayments
Failure of Government
Governemnts need to provide security, infrastructure & social services
War
Corruption
Coups
Lack of investments
Environment