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How do the economic effects of globalization on developing countries compared to those developed countries?
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∙ 7y ago
Intergovernmental organizations have brought economic aid to developing countries, but have given developed countries more influence and control.
Ramon Anderson
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Is Azerbaijan developing or developed country?
Developing because it's GDP per capita is US$11000 compared to Australia with US$39600
Is Malaysia a developed or developing country?
Malaysia is a developing country. However, compared to many developing countries, it is very advanced. Malaysia's development has reach a point where the GDP percapita (nominal) has exceeded USD10,000 and the Human Development Index (HDI) was categorised as 'high" in 2012. These indicators, coupled with actual physical growth in infrastructure seen all over the country would add to the fact that Malaysia is a near-developed country.
What is average income of a country?
The average income of a country depends with the country in question. The average income of the first world countries greatly varies when compared with those of the developing countries.
What are developed and less developed countries?
Developed countries are those that have diverse, robust, and well established economies with substantial physical infrastructure and support system such as educations and health care. They are generally wealthy compared to the less developed countries. Less developed countries tend to have less diverse and robust economies and spotty or thin physical infrastructure supporting economic activity. Their education and health care systems are not not broadly deployed, not widely available, or of low quality. They tend to be less wealthy than developed countries, and often have a larger gap between rich and poor.
What is charactics of developing economic?
The common characteristics of developing countries.The law levels of living are manifested qualitatively and quantitatively in form of law incomes, inadequate housing, poor health, limited or no education, high infant mortality, low life and work expectancy, and in many cases, a general sense of malouse and hopelessness. For example in 1988, 81% of the world's total income (US 12,650 billion) was produced by less than 23% of worlds total population living in the economically developed countries.Law levels of productivity.Developing countries have relatively low levels of labour productivity, i.e. output per unit of labour. This is mainly due to the absence or severe lack of complementary factor inputs such as physical, capital and / or experienced management to raise labour productivity, there is need to mobilize savings and foreign finance in order to generate new investments in physical capital goods, and build up the stock of human capital through investment in education and training.In addition, institutional changes in land tenure, credit and banking structures, honest and efficient administrations and the restructuring of educational and training programmes should be tailored to the needs of the developing societies.High rate of population growth and dependence burdens:In 1990, the world's population was estimated at 5.3 billion, of which more than 3/4 lived in the less developed countries. Almost all the developing countries possess high population growth potential characterised by high birth rate and high but declining death rate. Death rates in developing countries have fallen, compared to the past, due to improved health conditions and control of major infectious diseases. On the average annual population growth rate in developing countries is 2% as compared with about 0.7% in developed countries. Birth rates are generally high in the order of 30-40 per 1000 whereas those for advanced countries are less than half that figure.An important consequence of high birth rate is that a larger proportion of the total population is the younger age groups. This leads to a higher economic dependency burden since about 40% of the population in developed countries. With many dependants to support, it becomes difficult for the workers to save and invest in productive assets.Developing countries also have a shorter life expectancy averaging 51 years as compared with 75 years for developed countries, implying that a smaller fraction of their population is available as an effective labour force.Substantial dependence on agricultural produce and export of primary products:The majority of the people in developing countries live and work in rural areas. Over 75% of the population in African and 63% in Asia are dependant on agriculture compared to only 5.5% in North America. Agriculture contributes well over 20% of GDP for most developing countries compared to only 3% in developed countries.In Uganda agriculture contributes a bout 45% of GDP and close to 90% of the population like and work in rural areas, heavily dependent on subsistence agriculture for a livelihood and the production of a few cash crops for an income.The basic reasons for the concentration of people are basic needs of food, clothing and shelter.Agriculture productivity is low because of primitive technology, poor organisation and limited physical and human capital inputs.Primary products account for over 60% of all exports in developing countries and over 94% of total export earnings in sub- Saharan Africa.Other factors include:1. Dominance, dependence, and vulnerability in international relations.2. High and rising levels of unemployment and under employment.3. A dualistic economy.4. technological backwardness.
Is Belize a developing county a developed or undeveloped county?
Belize is a developed country. Countries are described as developed countries when they have a developed economy, and an advanced technological infrastructure when compared to other developing nations.
Why do most developed countries have a less dense population?
Because they own a large territory compared to the developing countries.
Why developing countries are very vulnerable to earthquake damage?
They are extremely vulnerable compared to developed countries because they do not have the money or resources which developed countries can access within days.
Is Europe a developing country?
Eastern Europe is a region which contains twenty-seven countries. Slovenia is the most developed of these nations, being the thirteenth most developed European nation and the twentieth most developed nation in the world overall. Moldova is the least developed of these nations, and is the one hundred and eleventh most developed country in the world. Overall, Eastern Europe is actually pretty developed compared to the rest of the world. But compared to its counterpart, Western Europe, it is underdeveloped. Eastern Europe is still considered a developing region.
Is Azerbaijan developing or developed country?
Developing because it's GDP per capita is US$11000 compared to Australia with US$39600
Which is more developed morocco or Algeria?
Both are developing countries in north africa region, however, economically, Morocco is doing alot better by having a diversified economy, thus, more developed sectors and a faster developement compared to Algeria that only rely on Its oil.
Why India is called a developing nation when it is already developed?
there are three types of economies in the world.the first one is called the developed economy or country.it usually has high levels of industrialisation and other factors referring to HDI.the second one is called the developing economies.these are the countries in which economic reforms and industrialisation began at a later stage and now these economies are flourishing.countries such as BRICK come under these category.the last one is called least developed economies which refer to countries which have a failed economic policy and hence are least developed compared to rest of the world.many african and south asian countries come in this category.hence to sum up,india is called developing country because it has not yet reached a saturation state in its economic growth rate when compared to USA which grows at 2% a year.
Is Malaysia a developed or developing country?
Malaysia is a developing country. However, compared to many developing countries, it is very advanced. Malaysia's development has reach a point where the GDP percapita (nominal) has exceeded USD10,000 and the Human Development Index (HDI) was categorised as 'high" in 2012. These indicators, coupled with actual physical growth in infrastructure seen all over the country would add to the fact that Malaysia is a near-developed country.
How developed is Kenya compared to its neighbouring countries?
I never been to kenya.
What is a sentence for developed country?
Hopefully, we can all be considered as living in a delveloping country.
What does LEDC mean in geography?
LEDC stands for Less Economically Developed Country. It is a term used in geography to describe countries with low levels of industrialization, income per capita, and standards of living. These countries often face challenges such as poverty, inadequate infrastructure, and limited access to healthcare and education.
What is the Difference between more economically developed country and less economically developed country?
It is the difference between the life expectancy and a more ecoonomically developed country is richer in terms of money, wealth etc. compared to a less economically developed country. A more economically developed country is where the most number of people live like Asia (about 40% live in china and india which are developing countries).
