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CaHeK987 [17]
2 years ago
8

Where do developing countries obtain outside sources of financing for economic development?

History
1 answer:
alexira [117]2 years ago
4 0
<span>The major source of outside financing that developing countries use to finance economic development is private capital, particularly Foreign Direct Investment (FDI).This mostly comprises of private finance from hedge funds and private equity. They also come from international financial institutions such as banks.</span>
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