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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 function of multinational companies into the promotion of development? A multinational or transnational (TNCs) company operates within two or more countries across
How do i come up with a project based on the above topic
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