The lack of institutional infrastructure hinders the development of poor nations, and it may render capital less productive. As a result, some say that foreign aid is ineffective in stimulating economic development. Explain.

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The Answer of The lack of institutional infrastructure hinders the development of poor nations, and it may render capital less productive. As a result, some say that foreign aid is ineffective in stimulating economic development. Explain.

The Lack of Institutional Infrastructure Hinders the Development of Poor