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What are the political and social barriers to development - Coggle Diagram
What are the political and social barriers to development
Gender inequality
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Less labour force due to women not being allowed to work
Hinders growth/ development
Discriminatory social institutions
Women have less access to sexual and reproductive health and rights
Increased death rate amongst women
Girls become exposed to the possibility of child marriage
Teenage pregnancy
Sexual abuse, exploitation and violence
Child domestic work, poor education and health
Weak institutional framework
Ineffective taxation structure
No means to finance public services
Informal markets
Incomes are not recorded
No taxing
Lower government income
Legal system and property rights
Weak property rights
No incentive to work on the property to increase the value
No investments for homes
Banking system
The "official" financial market, legal
Small and usually dominated by foreign commercial banks
The "unofficial" markets, illegal
Lends money at a high interest rate
not trustworthy
Capital flight
Buying assets such as livestock
Unable to save in their country
Lack of good governance and corruption
Corruption
Leakage of money that could have been spent on development
Worse healthcare system, poorer education, worse roads quality
Political instability
Social insecurity in economic system
Less investment in domestic firms
Bankruptcy of domestic firms and struggling banks
Capital flight to foreign companies and banks
Unequal political power and status
Unequal distribution of money
Higher poverty and unemployment rates
Higher criminality levels and lower life expectancy
Policies are implemented by rich and not intended to solve the problems of poor