Inadequate investment performance
Other Names: Low return on investment
Incidence: In Africa, investment and operating costs are typically 50-100% greater than those in the most comparable area, namely South Asia. This situation is exacerbated by the tendency of developing countries to allocate externally loaned funds to projects giving a low return on investment.
Claim: In the case of Africa, a World Bank study concludes that the root cause of economic problems is low return on investment. Africa is simply not competitive in a competitive world.
Problem Type: E: Emanations of other problems
Date of last update 01.01.2000 – 00:00 CET