Strategies Influencing Growth and Development (Edexcel A-Level Economics A): Flashcards
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FDI definition
FDI definition
TNCs establish production facilities in developing countries
Transnational companies (TNCs)
Transnational companies (TNCs)
Businesses operating in multiple countries
Transfer pricing
Transfer pricing
TNCs set internal prices to shift profits to low-tax areas
Microfinance schemes
Microfinance schemes
Small loans to those without access to formal credit
Grameen Bank founder
Grameen Bank founder
Muhammad Yunus
Grameen group-lending model structure
Grameen group-lending model structure
Groups of five with joint repayment responsibility
% of Grameen borrowers who are women
% of Grameen borrowers who are women
97%
Informal moneylender interest rates (per week)
Informal moneylender interest rates (per week)
Up to 10%
Year Yunus/Grameen won Nobel Peace Prize
Year Yunus/Grameen won Nobel Peace Prize
2006
Privatisation challenges in developing countries
Privatisation challenges in developing countries
Limited managerial expertise & weak regulatory infrastructure