Routes to Growth and Development

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    An LDC has many routes to help itself grow and develop including:

    – Harrod-Domar model.

    – Lewis model.

    – Human capital investment.

    – Multinational companies.

    – Aid.

    – Debt relief.

    – International Monetary Fund and World Bank.

    – Microfinance.

    – Tourism.

    – Fair trade.

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