Developing nations
Developing nations, often characterized by low income and widespread poverty, face significant challenges on their path to economic and social progress. While there is no universally accepted definition of a developing nation, these countries typically have a high percentage of their populations living on less than $2 per day, and many are heavily reliant on agriculture due to limited industrialization. Common features of developing nations include inadequate infrastructure, such as limited access to clean water and electricity, high unemployment rates, and insufficient healthcare and educational services.
Some developing nations are classified by organizations like the United Nations and the World Bank as least developed countries (LDCs), facing severe obstacles like extreme poverty and vulnerability to natural disasters. Despite possessing rich natural resources that could drive growth, issues such as corruption and mismanagement often hinder development.
To address these challenges, global initiatives like the United Nations' Millennium Development Goals aim to enhance the quality of life for populations in these nations. These goals focus on reducing poverty, promoting education and gender equality, improving health outcomes, and fostering partnerships for development. Ultimately, the goal is for developing nations to take leadership roles in their own development, creating environments conducive to sustainable economic growth and improved living standards for their citizens.
Developing nations
The term developing nation is somewhat ambiguous; a standard, internationally recognized definition does not exist. However, the term usually refers to a low-income country, or a country in which the majority of the population lives in poverty and often cannot afford basic necessities. In comparison, developed nations are wealthier, more industrialized, and generally more advanced than developing nations. Other phrases often used to describe a developing nation are low-income country, less developed country, and third world country (although this phrase is considered outdated).
Identifying Developing Nations
Establishing exact guidelines for what constitutes a developing nation is difficult. For example, countries belonging to the World Trade Organization (WTO) have the privilege of deciding whether they are "developed" or "developing." However, developing countries receive special rights and privileges under WTO agreements, so other member countries have the right to challenge a developing country's designation as such.
The World Bank Group, which works to end poverty through financial aid and technical assistance, uses income to identify developing countries. The World Bank estimates that people in developing nations generally earn fewer than $2 per day, and a large number of those people earn fewer than $1.25 per day. Such countries usually have very few industries and derive much of their income through agriculture. Some nations that fall into this category may be starting to experience growth or entering the early stages of industrialization.
The United Nations Conference on Trade and Development (UNCTAD) classifies certain nations as the least developed countries (LDCs) in the world. The populations of LDCs face incredible obstacles on the road to development, including extreme poverty, susceptibility to natural disasters, and disease. Currently, UNCTAD has classified forty-five nations as LDCs. Of these, forty-four are in the Eastern Hemisphere; thirty-three are in Africa, eight are in Asia, and three are in the Pacific. The only nation in the Western Hemisphere classified as an LDC is Haiti, located in the Caribbean Sea.
Features of Developing Nations
No two developing nations are exactly alike, but many share common features that distinguish them from developed nations. Developing nations often lack sufficient resources to improve infrastructure, or the basic foundation upon which a country is built and upon which its population relies. Examples of infrastructure include roads, bridges, and public utilities. In developing nations, basic services such as delivery of clean water and electricity may be scarce or nonexistent.
A number of developing nations are ruled by unstable or corrupt governments. Many have been weakened by ongoing or recently ended armed conflict and insurmountable debt. Developing nations usually have little or no access to technology, high unemployment and a scarcity of well-paying jobs, poor education systems, and inadequate health care.
A common misconception about developing nations is that they are resource poor. In truth, many developing nations actually boast rich natural resources that could actually spur economic growth and development. Unfortunately, greed and corruption often lead to mismanagement of these resources, and citizens never benefit from their exploitation.
The root of a number of the problems shared by developing nations is extreme poverty. As a result, the United Nations (UN) has established a number of goals intended to help reduce poverty and improve the lives of citizens in the world's poorest nations.
Aiding Developing Nations
In 2000, the UN identified eight Millennium Development Goals (MDGs) designed to increase the quality of life for millions of people living in developing nations. Both developing nations themselves and nations working to provide aid to developing nations use these goals to assess progress and hit certain targets. The following is a summary of the eight MDGs:
- Halve the number of people suffering from extreme poverty and hunger
- Expand primary education for all children
- Promote gender equality and the empowerment of women
- Reduce child mortality
- Improve maternal health
- Fight diseases such as HIV/AIDS and malaria
- Ensure environmental sustainability and increase access to safe drinking water
- Implement a global development partnership
The World Bank Group works closely with developing nations to help them develop strategies for aid delivery and achievement of the MDGs. An important aspect of this process is encouraging developing nations to take a leadership role in their own development process. For example, the World Bank Group advises developing nations to draft a Poverty Reduction Strategy (PRS), which establishes an aid framework that outlines countries' most pressing needs. Donor countries are able to use the PRS to better target their aid programs to ensure that developing nations receive the type and amount of assistance they truly need.
The intended outcome of these efforts is that a developing nation improves its economy by creating an environment that supports and stimulates economic growth, nurtures free enterprise, and increases employment opportunities, which, in time, reduces poverty and improves the quality of life for its citizens.
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