Savings gap

• What is a common economic characteristic of many developing countries?

  Low GDP per capita
• Why do developing countries struggle to finance investments?

  They have inadequate savings
• What is essential for achieving economic growth and development in countries?

  Investment
• What is the relationship between GDP per capita and savings in developing countries?

  • Low GDP per capita leads to inadequate savings
  • Inadequate savings hinder investment
  • Investment is essential for economic growth and development
• What can result from an unclosed Savings Gap?

  Slower economic growth
• What is one consequence of the Savings Gap in developing countries?

  Inadequate infrastructure development
• How does the Savings Gap affect job creation in developing countries?

  It reduces job creation opportunities
• What are the three main consequences of an unclosed Savings Gap in developing countries?

  Slower growth, inadequate infrastructure, reduced jobs