IMPEDIMENTS TO ECONOMIC DEVELOPMENT OF CONTEMPORARY ECONOMIES
Julia G. Dobreva
Pages: 8-15 Published: 5 Oct 2019
Views: 238 Downloads: 71
Abstract: Economic development in the 21 century differs in many aspects from the development we have aimed at in previous periods. This paper discusses the current challenges faced by modern economies. It highlights the main problems and impediments to growth and explains why economic development cannot be achieved or is at unsatisfactory levels both in developed and developing economies. Some examples are provided to illustrate the main points.