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How can the savings gap be plugged?
Low savings are a barrier type to growth. All developing countries have low incomes therefore low savings. A savings gap can be met through:
• Foreign aid: the UN target is for developed countries to offer 0.7% of Gross Domestic Product as aid.
• Foreign direct investment as like through multinationals
• Surplus through international trade
• Decreased domestic expenditure creates further savings.
What is the Heavily Indebted Poor Country Initiative? The Heavily Indebted Poor Country (HIPC) aims to assist the poorest, most heavily indebted countries prevent by unsustain
is it possible to prepare business report on company named US Select Private Opportunities Fund II
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