Develop and Development countries Essay

Submitted By Caroline-Bitar
Words: 1599
Pages: 7
Open Document
ELSIS – ENGLISH LANGUAGE SCHOOL IN SYDNEY
CAROLINE BITAR

DEVELOPED COUNTRIES ARE ESSENTIAL FOR THE GROWTH
OF DEVELOPING COUNTRIES

SYDNEY
2014

The word development according to the dictionary means the act or process of development, growth, advancement process.
Ater the Second World War, developed countries have become the center of the capitalist economic universe and started selling technology, capital goods and capital to peripheral countries
(developing countries where TNCs were installed). These have to export, increasingly, for the core countries to try to repay the mounting debt, while also export industrial products to more peripheral countries, still no significant industrialization.
Developed countries, known as first world countries or rich countries have a hight industrialization index, with access to key resources such as food, drinking water, sanitation, clothing, good schools, transportation, hospitals in good condition, plus a house in good condition too. As an example, developed countries are
United States, Canada, Australia, Switzerland and Finland.
Developing countries, known as third world countries or poor countries, don`t have a high index of industrialization and has difficulty or suffering shortages of key resources for survival as mentioned in the previous paragraph. As an example, developing countries are Kenya, Malawi and Ghana.
According to Debapriya Bhattacharya (2011), a special advisor to the Secretary-General of the United Nations, within the
United Nations system there are criteria for the division between developed and least developed countries. Currently there are three main criteria.
1- “Income - A low-income criterion, based on a three-year average estimate of the gross national income (GNI) per capita. 2- Human assets - A human capital status criterion, based on indicators of Nutrition: The percentage of population undernourished; health. The mortality rate: for children aged five years or under; Education: The gross secondary school enrollment ratio; and the adult literacy rate;
3- Vulnerability - An economic vulnerability criterion, based on indicators of population size; remoteness; merchandise export concentration; share of agriculture, forestry and fisheries in gross domestic product; homelessness owing to natural disasters; instability of agricultural production; and instability of exports of goods and services.”
This is done to distinguish the countries that need international help to resources for their development and human development. The United Nations created a few years ago, The
Millennium Development Goals, divided into eight principal goals related to the development of third world countries. The United
Nations aims to achieve these goals by 2015 they are: Eradicate extreme poverty and hunger, achieve universal primary education, promote gender equality and empower women, reduce child mortality, improve maternal health, combat HIV/AIDS, malaria and other diseases and ensure environmental sustainability.
According with World Investment Report (2013), “Developing economies outflows reached $426 billion, a record 31 per cent of the world total. The BRICS countries (Brazil, the Russian
Federation, India, China and South Africa) continued to be the leading sources of FDI among emerging investor countries. Flows from these five economies rose from $7 billion in 2000 to $145 billion in 2012, accounting for 10 per cent of the world total.

Outflows from developed economies, which had led the recovery of FDI over 2010–2011, fell by 23 per cent to $909 billion – close to the trough of 2009. Both Europe and North America saw large declines in their outflows, although Japan bucked the trend, keeping its position as the second largest investor country in the world. “
According to The Human Development Reports (2013) high rate of developing countries had a significant impact on human development. In recent
Show More

Related Documents: Develop and Development countries Essay

‘Countries at Very Low Levels of Economic Development Face Such Huge Challenges That They Cannot Hope to Address Them Without Assistance from the Rest of the World.’ to What Extent Do You Agree with This View? Essay

There are some countries in this world with a GDP less than $750, with populations earning less than $1 a day, life expectancies barely reaching past 40 years old and devastatingly poor levels of health care, school enrolment and adult literacy rates. These are the defining indicators of people living in low developing countries (LDC’s). Populations living in poverty and the majority with an income too small to accommodate their basic needs and the resources in the national economy, even when equally…

Words 1914 - Pages 8

Essay on Position Description

(Australia) Pty Ltd Position Description POSITION TITLE:Business Development & Sales Manager | BASIS OF EMPLOYMENT: | DATE:January 2012 | POSITION REPORTS TO:Australia Country Manager | POSITION(S) REPORTING TO SAME MANAGER:Finance ControllerOperations Manager Competency Development MgrWA State ManagerInventory Controller | POSITION(S) REPORTING TO THIS ONE:Applications/Sales Engineers | POSITION STATEMENT: * Reporting to the Country Manager, managing a small engineering sales team and working…

Words 772 - Pages 4

Barriers To Poorest Countries

world. Whilst the richest countries maintain a high quality of life the same cannot be said for those poorest countries (LDC’s). LDC countries often have population living in poverty with a low quality of life, barely any social mobility and little if any access to change and develop as a country. However the world seeks to change these impacts and hopes to change the future of LDC countries, but around the world there are many different views on how these countries can develop be that from intervention…

Words 996 - Pages 4

Developing Countries: Terms And Definitions For Differences In Development

Differences in Development Bilateral aid This is two sided aid from one government to another government - could lead to one country being in debt Bottom up aid Aid that works on the ground level helping the local people first Brandt line This is a line that was developed in the 1970s to distinguish the MEDC’s from the LEDC’s but some countries have had rapid development since then so it may not be fully accurate Composite indicators Combines several other measures of development into a single figure…

Words 804 - Pages 4

Essay about Mintzberg Developing Leaders Developing

Developing Countries? Henry Mintzberg Henry Mintzberg is Cleghorn Professor of Management Studies at McGill University in Montréal, Canada, and co-founder of Coaching Ourselves. He is the author of many books about management and leadership including Managers not MBAs and the recently published Managing. The following article has been updated from the original, published in 2007. We develop leaders, and we develop countries. Or so we believe. We also believe that we develop countries by developing…

Words 5740 - Pages 23

Essay about South Asia Literacy

Compare the definitions of ‘development’ articulated by Jagdish Bhagwati, Atul Kohli, and Amartya Sen. Illustrate your comparison with reference to any two countries in South Asia (except India). The case of ‘development’ has broadly been discussed by many scholars, with many focusing of different aspects of ‘development’ around South Asia. As countries in South Asia, such as South Korea and Afghanistan struggle they’re way to achieve their goals and develop their countries, many scholar analyzed different…

Words 1467 - Pages 6

Poverty and Dr Jims Approach Essay example

Jims approach to economic development is known as the demand driven approach. This approach requires that there is a definite demand and a known buyer for a specific product prior to the product being produced. The opposing theory that Dr. Jim spoke about is the “supply-push” theory which produces a product without a known buyer based on the assumption that there will be a demand and a market for that product. As Riordan explained, this method, particularly in poor countries, this has a negative impact…

Words 314 - Pages 2

Essay about Archetypes: Strategic Management and Firm Specific Advantages

following: Centralized exporter: Home country managed firm. Firm specific advantage in its final products. Standardized products manufactured at home. Only the transferable firm specific advantages are taken to the host country, meaning that they try to make exporting successful in international markets. No development of location bound firm specific advantages. International projector: Clones home operations into host countries. Knowledge based firm specific advantages…

Words 1620 - Pages 7

Discuss the strengths and weaknesses of the demographic transition model (15 marks) Essay

The demographic transition model describes how the population of a country changes over time. It gives changes in birth rates and death rates, and shows that countries pass through five different stages of population change (Stage one – High fluctuation, Stage two – Early expanding, Stage three – Late expanding, Stage four – Low fluctuating and Stage five – Decline) The demographic transition model has both strengths and weaknesses for example some strengths would include that the demographic transition…

Words 2298 - Pages 10

Minor Characters In Macbeth

Minor characters typically have a brief or modest role in a story, but they contribute to the plot of the story or the development of main characters. In the text Macbeth by William Shakespeare, the minor character King Duncan is needed to show the development of the main character Macbeth and to show the creation of the story. King Duncan’s existence helped develop the state of the main character Macbeth, and also without him there would be no story. The presence of King Duncan had a major, but…

Words 737 - Pages 3