ways in which a third world country can overcome economic recession?

7 Answers

Relevance
  • 8 months ago

    This needs a cultural shift, in Venezuela for example it is

    common practice to gain wealth by tricks jokes and puzzles

    Enterprise is frowned upon.;

     Que Broma es?

    • Commenter avatarLog in to reply to the answers
  • Oiy
    Lv 6
    8 months ago

    Get the help from IMF. if not, then China.

    • Commenter avatarLog in to reply to the answers
  • 8 months ago

    stop fighting and grow food, mine precious metals, harvest trees, etc.

  • 8 months ago

    Reductions in bank lending will reduce investment, lower growth and increase unemployment. Even if most developing countries are spared significant damage to their own financial

  • What do you think of the answers? You can sign in to give your opinion on the answer.
  • 8 months ago

    Authoritarian government, benificently administered, can lessen the impact of economic cycles.  Except for recent wars, much of the middle east did not see the same business cycles as the west.  China, too, has been able to resist recession somewhat.

  • Anonymous
    8 months ago

    It is good to know to know that it is not know.

    • Commenter avatarLog in to reply to the answers
  • 8 months ago

    Import white people

    • Commenter avatarLog in to reply to the answers
Still have questions? Get answers by asking now.