Text B, Paragraph 1
In regions with a history of underinvestment in human development, the workforce often faces significant limitations. Policymakers are looking for ways to improve economic outcomes by addressing what experts are calling low human capital.
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Text C, Paragraph 1
There have been several cases in countries like Greece and Russia where large sums of financial resources have left their economies over a short period. Governments are investigating how to manage the effects of this capital flight and prevent further economic disruptions.
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Text A, Paragraph 2
Nations with economies dominated by the export of raw materials face ongoing economic challenges. Experts argue that primary sector dependence makes these countries vulnerable to global market fluctuations and limits economic diversification.
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Text C, Paragraph 2
In many countries, the physical structures necessary for economic development remain underdeveloped or nonexistent. Governments and international organisations are working to address this lack of infrastructure, which is seen as a significant obstacle to growth.
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Text A, Paragraph 3
Efforts to promote economic development in several regions have been hindered by ongoing issues of political corruption. These problems have diverted funds from essential projects and undermined public trust in government institutions.
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Text D, Paragraph 3
Many countries have struggled to grow and develop due to ongoing political instability. Uncertainty about future government policies and the frequent changes in leadership have caused both domestic and foreign investors to rethink their strategies.
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Text E, Paragraph 3
Many developing nations face difficulties in gaining a foothold in global trade. A variety of issues, including de-globalisation, have created a lack of access to international markets for these countries, limiting their economic potential.
Define the term lack of access to international markets as indicated in (Text E, Paragraph 3).
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