| Factors that may promote or inhibit development |
Political factors |
- Ideologies, history of and persistence of conflict, stability, accountability, transparency, legal frameworks, political consequences of different development paths, decisions about the allocation of aid, political culture, culture of bureaucracy, vested interests
|
| Economic factors |
- Access to resources, increasing resource constraints, infrastructure, debt, access to capital and credit, aid, trade, foreign direct investment (FDI), income distribution, informal economy, vested interests
|
| Social factors |
- Values, cultures, traditions, gender relations, migration
|
| Institutional factors |
- The UN, IMF, World Bank, WTO, partnerships between developing countries, efficacy of national and local institutions
|
| Environmental factors |
- Geography, resource endowment, consequences of climate change on people and communities’ lives
|
