In advance countries, many scholars stated that China is still a developing country. ... According Todaro and Smith (2012), they claim that all not rich countries are developed, but the poor countries are sure developing ones. ... We will also let them know the differences between developing and developed country, what makes one country a developed one or a developing one, and what makes them poor or rich. 2. ... First of all, we need to define the words developed country and developing country. ... So how do we know if one country is a developed or a developing? ...

• Word Count: 1996
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School

Developing countries have become increasingly heterogeneous with differential patterns of development performances. ... In most cases of third world countries, outside help was needed to develop their resources. ... Developing countries themselves bear most of the burdens of development, and rightly claim credit when development succeeds. ... Over the past 40 years, life expectancy at birth in developing countries increased by 20 years. ... This is because the more developed a country becomes the more economic and social problems occur. ...

• Word Count: 1946
• Approx Pages: 8
• Grade Level: High School

The initial objective of the WB was to provide loans for the rebuilding of Europe after WWII, later lending is provided to developing countries to foster development. ... Raises about 80% of its funds from international capital markets and receives balance in the form of transfers from the IBRD, This institution loans only to the private sector in developing countries and plays the role of a catalyst for more investment from other sources. ... It provides advice to developing countries governments on the drafting of foreign investment laws and regulations. ... In order to measure the...

• Word Count: 1195
• Approx Pages: 5
• Grade Level: High School