| json_metadata | "{"app":"Musing","appTags":["Finance"],"appCategory":"Finance","appTitle":"What usually causes financial problem in a country?","appBody":"<p> Two major causes of financial problem in a country are poor planning and poor economic policies. A government's economic policies can either bring in investors into a country or drive away investors. If a country's economic policies are good and encourage investing, investors will troop into such country to invest in their economy and this will in turn create jobs and put more money in circulation. The reverse is the case if a country's economic policies don't encourage investors </p><p>Also, most countries fail to plan for the future when they had financial boom. They didn't build infrastructures and put establishments in place when the country was prospering. Such countries usually suffer a lot during financial crisis. Governments are supposed to create other means of generating revenues aside collection of taxes. And these other means of revenue generation can best be planned and implemented during financial booms. But when they fail to do that, the country is likely to experience financial problems in the future.</p><p>Poor leadership, lack of economic insights, corruption, poor economic policies that don't attract investors etc are some common causes of financial problems in a country </p>","appDepth":2,"appParentPermlink":"fkkvl9985","appParentAuthor":"marcusdo","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
|---|
hiveblocks