1. A condition in which a country or region lacks adequate financial infrastructure, institutions, markets, and services necessary for economic growth and development
Many developing nations face financial underdevelopment that limits their ability to attract foreign investment.
Muitas nações em desenvolvimento enfrentam o subdesenvolvimento financeiro que limita sua capacidade de atrair investimento estrangeiro.
2. The state of having inadequate banking systems, credit facilities, capital markets, and financial intermediation mechanisms
Financial underdevelopment in rural areas prevents entrepreneurs from accessing loans.
O subdesenvolvimento financeiro em áreas rurais impede que empreendedores acessem empréstimos.