👉 Underpinned is a type of economic theory that suggests that the development and growth of an economy are determined by its ability to attract and retain foreign investment. This theory emphasizes the importance of international trade, capital flows, and other external factors in driving economic growth and development. Underpinned typically involves two main concepts: foreign direct investment (FDI) and international financial assistance. FDI refers to investments made by foreign companies into a country's economy, while financial assistance is provided by governments or private
