Which of the following has contributed to developing countries' poor economic performance?

Question

Quizplus · Accepted Answer

Corruption has been one of the major factors contributing to developing countries' poor economic performance by hindering investments, reducing economic growth, and causing market distortions. Low population growth and high saving rates may not necessarily lead to poor economic performance. Foreign direct investment, if channeled properly, can actually boost economic growth in developing countries.

Which of the Following Has Contributed to Developing Countries' Poor