Third World

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Third World

A term for developing countries. Originally used for countries that did not side explicitly with either the United States (the First World) or the Soviet Union (the Second World) during the Cold War, it has become a byword for countries with less wealth relative to others. The term is sometimes considered politically incorrect.

developing country

or

less developed country

or

underdeveloped country

or

emerging country

or

Third World

country a country characterized by low levels of GROSS NATIONAL PRODUCT and INCOME PER HEAD. See Fig. 51 . Such countries are typically dominated by a large PRIMARY SECTOR thatproduces a limited range of agricultural and mineral products and in which the majority of the POPULATION exists at or near subsistence levels, producing barely enough for their immediate needs, thus being unable to release the resources required to support a large urbanized industrial population. The term ‘developing’ indicates that, as seen by most such countries, the way to improve their economic fortunes is to diversify the industrial base of the economy by, in particular, establishing new manufacturing industries and by adopting the PRICE SYSTEM. To facilitate an increase in urban population necessary for INDUSTRIALIZATION, a nation may either IMPORT the necessary commodities from abroad with the FOREIGN EXCHANGE earned from the EXPORT of the (predominantly) primary goods, or it can attempt to improve its own agriculture. With appropriate ECONOMIC AID from industrialized countries and the ability and willingness on the part of a developing country, the transition into a NEWLY INDUSTRIALIZED COUNTRY could be made.

Certain problems do exist, however. For instance, increases in real income that are achieved need to be maintained, which means keeping population numbers in check. Illiteracy and social customs for large families tend to work against governmental efforts to increase the STANDARD OF LIVING of its citizens. Also, most of the foreign exchange earned by such countries is by exporting, mainly commodities (see INTERNATIONAL TRADE). See ECONOMIC DEVELOPMENT, STRUCTURE OF INDUSTRY, DEMOGRAPHIC TRANSITION, POPULATION TRAP, INTERNATIONAL COMMODITY AGREEMENTS, UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT, INTERNATIONAL DEBT.

References in periodicals archive ?
In the Global South, the strongest set of negative responses to this question came from the Kekchi, North Indians, and Ethiopians, in that order.
Then, Polakoff demonstrates how cheap labor markets in the Global South, like those of Haiti and China, offer lucrative locations for global capitalist penetration while destroying children's lives in these countries, as increased demand for labor sucks the children in.
Given his assertion that global South Catholics are "robustly orthodox" on Catholic sexual ethics, can the future church truly be attentive to the marginalized if it does not seriously engage the issues of sexual orientation, gender, and contraception?
He should be addressing questions such as whether we should we support the global South as it continues to struggle against the sometimes violent clashes with other religions.
From a strictly arithmetic point of view, one could argue that the bumper crop of new priests being turned out by the global South is far more urgently needed at home.
Jaiswal has been with Deutsche's wealth management group since 2007, most recently as its senior investment adviser for the global south Asian team.
Accepting it, any rhetoric of human rights, democracy and common causes is exactly this -- empty words which do not put any pressure on Israel; refusing it, South America can open a new chapter in the history of co-operation among the global South, and the struggle for Palestinian emancipation -- a world in which sixty-year-old hollow promises are at last backed by concrete action.
But this abundance of choice is only made possible because rural communities in the Global South have had their choices taken away.
Our politicians are being urged to cancel all the debt owed by the countries of the global South, and for them to receive more and better aid.
The population of the global South (Africa, Asia, and Latin America) has grown and will continue to grow.
Naipaul's essays and travel writing to his use of violence to represent and analyse the condition of the Global South.
NAFTA on steroids") have been forced to change foreign trade policies to divide-and-conquer tactics, pushing for bilateral agreements that attempt to pit Global South nations against each other.

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