Topic > Essay on Internal Barriers to Economic Growth and Development
Let's take Sudan in Africa, this is one of the most famous relevant cases. The civil wars from 1955 to 1972 and 1983 to 2005, together with the ongoing conflict in the western Darfur region, caused significant loss of life and population displacement. Such extreme political instability will likely lead to very disappointing economic outcomes, high levels of poverty and low standards of living. The probability of attracting foreign investment or even aid becomes much lower. Furthermore, loss of life, damage to infrastructure, loss of investment and sometimes aid have undoubtedly affected the economic growth and development of these countries
tags