Financing investment in the developing countries

Ranking high among the conditions that must be met before a developing country can cross the threshold into self-sustaining growth is the availability of an adequate volume of saving to make possible the required level of capital formation. But many things other than capital are necessary to achieve economic growth. Indeed, unless it is backed by an appropriate array and quantity of complementary factors (human skills and knowledge and raw materials, energy and other resources) and unless it operates in an appropriate environment (with reasonably stable social and political conditions and an adequately motivated population), capital is unlikely to be very productive.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action