Challenges of Corruption, Instability, and Exploitation Obstruct Progress in World's Most Underdeveloped Economies
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Underdeveloped countries face challenges like corruption, political instability, weak institutions, and legacies of resource exploitation that hinder economic progress.
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Extraction of resources like minerals in Africa often occurs in ways that perpetuate economic oppression, with profits flowing out of the continent.
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Deals between major economies and underdeveloped countries for assets like land often disadvantage the latter.
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Factors like poor governance, disease burden, and rapid population growth obstruct progress in underdeveloped nations.
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The top 20 most underdeveloped economies face issues like reliance on subsistence farming, food insecurity, high external debt, and widespread poverty.