international economics question and need the explanation and answer to help me learn.
my doctor asked me in a discussion this question please answer it with a references
(Do you think that aid to developing countries enhances their economic growth?)
Goswami et al. (2012) emphasize that India adopted the New Economic Policy after abandoning import substitution. Foreign direct investment in the export sector has been encouraged. However, the authors point out that the Northeast Region in India doesn’t attract significant foreign direct investment due to problems with the infrastructure. Infrastructure is essential for strong and sustainable development. The government plays a crucial role in investing and building an adequate infrastructure.