Developing countries face massive poverty, slow GDP growth, high mortality rates, and low levels of education. In the year 1999, 1.2 billion people lived on less than $1 (in PPP US$) a day, and another 2.8 billion people lived on less than $2 a day (World Bank, 2003). The majority of the people in the least developed countries cannot read or write. Over 854 million adults in this world are illiterate, and 543 million of them are women (Human Development Report, 2000). Similarly, many people in developing countries do not have access to health treatment. According to the United Nations Children's Fund
more than 10 million children under five years of age die each year from
preventable diseases in these countries. At the end of the year 2000, 34
million people were living with HIV/AIDS (Human Development Report, 1998).
UFADEMHE, S (2019). FOREIGN AID AND HUMAN CAPITAL DEVELOPMENT IN NIGERIA. Afribary.com: Retrieved May 10, 2021, from https://afribary.com/works/foreign-aid-and-human-capital-development-in-nigeria-by-ufademhe-solomon
SOLOMON, UFADEMHE. "FOREIGN AID AND HUMAN CAPITAL DEVELOPMENT IN NIGERIA" Afribary.com. Afribary.com, 22 Aug. 2019, https://afribary.com/works/foreign-aid-and-human-capital-development-in-nigeria-by-ufademhe-solomon . Accessed 10 May. 2021.
SOLOMON, UFADEMHE. "FOREIGN AID AND HUMAN CAPITAL DEVELOPMENT IN NIGERIA". Afribary.com, Afribary.com, 22 Aug. 2019. Web. 10 May. 2021. < https://afribary.com/works/foreign-aid-and-human-capital-development-in-nigeria-by-ufademhe-solomon >.
SOLOMON, UFADEMHE. "FOREIGN AID AND HUMAN CAPITAL DEVELOPMENT IN NIGERIA" Afribary.com (2019). Accessed May 10, 2021. https://afribary.com/works/foreign-aid-and-human-capital-development-in-nigeria-by-ufademhe-solomon