Current Affairs

  Certain factors which directly or indirectly affect the economic development, which may include political condition, degree of political stability, level of Education, improved literacy, rate of saving power of individual, Investment and mixture of public and private initiatives to increase economic potential. better infrastructure, reduced poverty and better health care. Following are the factors which directly affect the economic development ·          Levels of infrastructure ·          Education ·          Levels of inward investment ·          Levels of savings/capital ·          Political stability / Law and order ·          Labour mobility ·          Foreign aid ·          Regional effects ·          Natural resources ·          Tax rates and levels of corruption ·          Free trade vs protectionism .  ·          Tourism