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This document discusses economic growth and challenges related to infrastructure in developing countries. It notes that economic growth involves increasing production of goods and services over time and is essential for long-term development. However, many developing countries face infrastructure challenges like lack of access to electricity, water, phones and internet. To address these issues, USAID focuses on improving infrastructure, providing access to markets, making governments more efficient, and encouraging private sector development. Specific projects mentioned include helping Afghanistan's national electric company become commercialized.
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The document discusses several challenges facing Bangladesh, including poverty, education, corruption, unemployment, infrastructure, climate change, and political unrest. It provides details on the high levels of poverty in Bangladesh, with around 31% of the rural population living in poverty. Education faces issues like insufficient schools and teachers, lack of funding, and high dropout rates. Corruption is prevalent throughout the government and private sector. Unemployment remains a major problem due to lack of job opportunities. Infrastructure requires improvements to areas like transportation and communications. Climate change is exacerbating environmental challenges such as floods and cyclones. Political unrest also remains an ongoing concern.
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1) Ongoing poverty in LEDCs is exacerbated by issues like high crime rates, corruption, and increasing international debt due to reliance on foreign aid. 2) Weak infrastructure, especially unreliable transport systems, hinders economic development by inhibiting factor mobility and widening regional disparities. 3) Transport infrastructure is crucial for economic growth as it facilitates trade, market access, and productivity across industries while also promoting tourism.
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Us aid
- 1. ECONOMIC GROWTH & TRADE ORAL COMMUNICATION SANA AHMAD 6753
- 2. Economic growth is the increase in the amount of the goods and services produced by an ECONOMY over time. Broad-based economic growth is essential to sustainable, long-term development. So US AID creates the opportunities impoverished households need to raise their living standards, provides countries with the resources to expand access to basic services, and—most important of all—enables citizens to chart their own prosperous futures.
- 3. To overcome these challenges and advance rapid, sustained and broad-based growth, we are focused on: Giving people access to markets, Making governments more efficient in how they spend their money, Improving infrastructure like roads, bridges, water supply and electrical grids, Working with private-sector companies to spur economic development, Encouraging local channels of financing, CHALLENGES FACED BY US
- 5. PROBLEMS For example, in Afghanistan, only about 30 percent of the people have access to reliable sources of electricity and just 27 percent have access to safe drinking water overall. About 2.6 billion people in the developing world lack access to electricity full time. Nearly 800 million people worldwide lack access to water, and about 2.5 billion people lack access to basic sanitation. Approximately 1-1.5 billion people have no reliable phone service. Just over 20 percent of people in developing countries have access to the internet.
- 6. EFFORTS DONE BY US TO OVERCOME PROBLEMS USAID finances the design and construction of • energy, • roads, • communications • water infrastructure, • schools and • health facilities in more than 60 countries. Particular emphasis is placed on construction and rehabilitation of infrastructure in conflict and disaster-affected countries, such as Afghanistan, Pakistan and Haiti, where improved infrastructure improves stability and fuels economic recovery.
- 7. The USAID approach to infrastructure is more than just “bricks and mortar”.
- 8. PROJECTS.
- 9. Afghanistan’s newly commercialized national electric company in Kabul