Deficiencies of developing countries

The causes of underdevelopment lie in deficiencies in developing countries which lack the internal conditions necessary to initiate and maintain a healthy development process. Such conditions include: inadequate capital, lack of skills, lack of work motivation. The are exacerbated by corruption in government, difficult geographical and climatic conditions and lack of western organizational habits and work values.

1. Although such deficiencies contribute to the difficulties of developing countries, they are relatively unimportant compared to the ways in which external market forces prevent poor countries from gaining access to an equitable share of world resources and ensuring the most appropriate forms of development.

1. Underdevelopment of countries

1. Workers uninterested in production
2. Unrelated pioneer institutions
3. Physically inaccessible services
4. Incapacity of developing countries to organize
5. Inadequate investment in capacity building
6. Inadequate human resources development
7. Inadequate domestic monetary reserves
8. Foreign exchange reserve shortages
9. Difficulties in administrative organization in new states
10. Dependence on external resources
11. Deficient business leadership
12. Deficiencies in national and local legal systems

1. Vulnerability of least developed countries
2. Unethical practices of government leaders
3. Inappropriate industrialization in developing countries
4. Countries in crisis

1. Inhospitable climate

1. Negative stereotyping of majority world

1. Deficiency