Afghanistan and its Economy

Abstract

Afghanistan is one of the least developed countries of the world. United States of America and several other nations spent hundreds of billions of dollars during the last 13 years to strengthen her economy and security but due to pervasive corruption the country could not absorb the aid effectively. As long as Afghanistan remains resistant to change, and corruption and lawlessness continue to hurt the country, the badly needed foreign assistance, no matter how colossal, will not make much difference. In this paper, the author explains the historical, geographical and political factors that have plagued and still hinder economic development of Afghanistan. The paper briefly explains land, population, resources and economic aggregates in addition to the historical events that have caused the progress to remain slow. Some recommendations are made at the end.