Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download Classifying Countries
Document related concepts
Transcript
Economically Type of Government… democratic governments Language groups… French-speaking countries Geographically… Scandinavian countries (Norway, Denmark, Sweden) Sub-Saharan countries Countries decide for themselves Other countries can challenge them Several groups have criteria and/or create lists United Nations World Bank For the World Bank, developing or least developed label gives countries special treatment in gaining loans and repaying the loans Amount of industrialization High Gross Domestic Production per capita or per capita income Standing in the Human Development Index… this combines many features to rank countries Labeling of developed/developing are controversial Having some criteria of a developed country does not automatically put a country in the developed category Developed Newly Industrializing Countries (NIC) Developing Least Developed Countries Highly technical society High literacy rate Economy is diversified High per capita GDP (gross domestic product) per capita=per person GDP=income of a country during a year USA—per capital GDP $46,400 (2009) 99% literacy rate Great Britain—per capital GDP $34,800 (2009) 99% literacy rate Representative or democratic government Free market economy General lack of corruption Resources to invest in education, vocational training & universities Large amounts of physical capital… factories, machines, equipment, tools Low birth rate & low death rate Examples… Belgium, Denmark, Iceland, Canada, Czech Republic Countries that are not developed, are developing There is a wide variety of economies so this category is subdivided into three groups Newly Industrializing Countries (NIC) Developing Countries Least Developed Countries A developing country whose economy most closely resembles a developed country This category was first created in the 1970s The first NICs were called “Asian Tigers”… Hong Kong, South Korea, Taiwan & Singapore Have rapid industrial growth Governments becoming more democratic, some governments are still autocratic Today includes some former Communist governments who have a higher level of industrialization and are fighting corruption and working to establish a democratic government Examples of NICs include… Former Communist countries Latvia—per capita GDP $14,400 (2009) Lithuania—per capita GDP $15,500 (2009) Czech Republic—per capita GDP $24,900 Asian countries South Korea—per capita GDP $28,100 Singapore—per capita GDP $52,200 (2009) Depend more on foreign investors for financial capital Pay higher rates of interest to borrow money on international financial markets, such as World Bank Lower literacy rates Shortage of skilled workers; unskilled workers are less productive and receive lower wages Less industrialization Higher birth rate… children to help increase family income; take care of elderly parents Higher death rate… lack of sanitation and clean water Examples include… Bahamas—per capita GDP $29,700 literacy 95.6% Egypt—per capita GDP $6,000 literacy 71.4% Philippines—per capita GDP $3,300 literacy 92.6% Rely on primary resource, such as oil and foreign investment to develop resources Kuwait… per capita GDP $52,800 Petroleum contributes approx. half of GDP Contributes 95% of government income Contributes 95% of export earnings Saudi Arabia… per capita GDP $20,600 Petroleum contributes 45% of GDP Contributes 80% of government income Contributes 90% of export earnings China, because their high population results in a lower per capita income Chile Oman Bosnia & Herzegovina Vietnam Poor and underdeveloped Government may be run by dictatorship May suffer from conflict and political instability LDCs have 10% of the world’s population but contributes less than ½ of 1% of world trade The UN recognizes 49 LDCs The UN has three criteria for determining a LDC (a) per capita GDP under $750 (b) great need based on nutrition, health, education and adult literacy (c) percentage of population displaced by natural disasters; agricultural production is unstable; economy relies on a high level of exports To move from the LDC list, a country must improve in two of the three areas Asian countries—15 Cambodia per capita GDP $1,900 literacy 73.6% Bangladesh per capita GDP $1,500 literacy 47.9% African countries—33 Central African Rep. per capita GDP $700 literacy 48.6% Latin America/Caribbean—1 Haiti per capita GDP $1,300 literacy 52.9% http://www.un.org/special-rep/ohrlls/ldc/list.htm https://www.cia.gov/library/publications/the-world-factbook/index.html http://www.wto.org/english/tratop_e/devel_e/d1who_e.htm http://www.wto.org/english/thewto_e/whatis_e/tif_e/dev1_e.htm http://www.scalloway.org.uk/popu.htm http://www.includipedia.com/wiki/List_of_Trade_blocs http://www.comunidadandina.org/ingles/who.htm http://www.eac.int/ http://www.unesco.org/ldc/list.htm http://www.wto.org/english/thewto_e/whatis_e/tif_e/org7_e.htm
