Examlex
Instruments used for measuring LMX:
Investment Spending
Expenditures on new capital assets by businesses and the government, aiming to increase future productive capacity.
DVCs
Stands for Developing Countries, referring to nations with lower levels of industrialization and lower Human Development Index than developed countries.
Political Instability
The likelihood of significant change in the governing framework of a country, which can include shifts in government, policy upheavals, or civil unrest.
Demographic Transition
The shift from high to low birth and death rates as a nation moves from a pre-industrial to an industrial economic system during its development.
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