Challenges in implementing development plans in developing countries
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- Inadequate funds / limited capital
- Inadequate/ limited necessary data information
- Limited good will by the people ,
- conservatism
- Natural calamities
- Presence of non-responsive private sector
- Poorly developed infrastructure
- Dependence on foreign aid which is inadequate, uncertain, inconsistent etc.
- Interference by politicians / government
- Political instability
- High rate of inflation
- inefficient/ weak implementation/ administrative machinery/ limited labour skills
- Low accountability ·
- Plans being too ambitious i.e. far beyond the means
- External / foreign interference
- High population growth rates
- Bureaucratic delays / red tape tendencies
CATEGORIES Economics
TAGS Dr. Bbosa Science