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Problems in exploitation of a country’s economic resources

Problems in exploitation of a country’s economic resources

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Peter
Low level of technology/ lack of local experts
Lack of funds for financing the projects
There is contamination of the environment/ pollution
Lack of proper legal framework such as mining laws, obsolete land laws
Foreign competition may be very stiff to local firms
Corrupt deals in institutions makes exploitation unfair to a section of citizens
There may be low level of political/ government goodwill / insecurity
Poor state of infrastructure prevents mobility

Musyoxx answered the question on March 10, 2018 at 08:52

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