Why Don't More Low-Income Countries Experience Rapid Growth?

Low-income countries often lack the infrastructure, resources, and government policies necessary to enable rapid economic growth. The countries may also have limited access to capital, technology, education and other resources needed for rapid economic growth. Additionally, weak rule of law, political instability, corruption, and conflicts can lead to lack of investment. Low-income countries may also have difficulty attracting foreign investors due to their lack of stability. Finally, some countries have natural resources that cannot be practically utilized to generate growth due to the lack of necessary infrastructure or other resources.