developing country

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Related to Underdeveloped nation: Undeveloped countries

Less Developed Country

A country with lower GDP relative to other countries. Less developed countries are characterized by little industry and sometimes a comparatively high dependence on foreign aid. Less developed countries often undertake programs of development, with greater or lesser interventions on the part of the national governments. They are major borrowers from organizations such as the World Bank. While no strict definition of which countries are less developed exists, most countries that do not belong to the OECD are considered less developed. See also: International development.

developing country

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less developed country

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underdeveloped country

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emerging country

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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 ?
Speaking during a commanding keynote recently delivered at the 50th Annual Congress of the International Society of Paediatric Oncology (SIOP) in Japan, Shaikha Jawaher called for the need to improve access to diagnosis, treatment and cure, especially in developing and underdeveloped nations.
In addition, the presence of untapped opportunities in developing and underdeveloped nations will help several companies operating in the market gain pace in the near future.
In helping underdeveloped nations build the infrastructure vital to their economic growth, the IMF or the World Bank set rigorous conditions for their loans, but the AIIB could be ready to mitigate its loan conditions with the return of benefits to national enterprises.
I want to extend my support to their cause and join the chorus of protest against the dumping of unwanted waste by developed countries in developing and underdeveloped nations.
According to the progressive daily Kyunghyang Shinmun, the administration understands the pitfalls of issuing its own textbooks: The prime minister's office reportedly wrote in an internal report that only"underdeveloped nations such as North Korea, Sri Lanka, Mongolia and Vietnam" utilise government-issued textbooks.
More than 99 percent of this burden is carried by underdeveloped nations.
The United Nations itself recognizes, however, that several of the MDGs were not quite achieved as targeted, and that some went "off-track," specially among underdeveloped nations.
Agyeman asserts that successive breakdown of global talks that mark the failure to address centuries of unfairness in the global trading system demonstrates the unyielding opposition of the powerful heartland of capitalism in allowing the global market to which they avow so much fealty regarding its functionality for the poor underdeveloped nations. Even when ultra-Western disagreements result in conflicts of significant proportions it is still the powerless and economically weak underdeveloped countries in the Caribbean, Africa, and Asia that bear the brunt of repercussions.
The primary reason for this is the demand in underdeveloped nations to quantitate CD4 cell markers in human immunodeficiency virus (HIV) patients, according to market researcher Frost & Sullivan.
I perceived it as a bizarre religion, limited to only a few underdeveloped nations, most of which were in the Middle East, and which endorsed an astoundingly suppressive lifestyle, particularly for women.
International migration patterns in which emigrants leave underdeveloped nations and settle in developed nations foster an imbalance of both skilled and unskilled workers for developed and underdeveloped nations alike.
The Peace Corps was an "army'' of mostly young, idealistic volunteers from across America who were sent to underdeveloped nations in Africa, Asia, Latin America, Eastern Europe and elsewhere to help educate and raise the standard of living of the people in those nations.