Trade: Engine of Economic Growth Cross-border trade has been expanding at a pace roughly twice that of economic growth worldwide – in both developed and developing countries. ... In the current global environment, many developing countries are exposed to declining demand for their exports. ... This boom was closely aligned with widespread economic expansion in the developing countries from 2003 through to 2007. ... Among the countries most at a disadvantage in the trading arena are the least developed countries (LDCs), with small and vulnerable economies, and nations that are landlocke...

• Word Count: 1844
• Approx Pages: 7
• Grade Level: Undergraduate

He claims that globalisation in a developed or a developing country provides a lot of advantages. ... (Fernald,John G ) In my essay, I shall argue that especially in developing countries quota elimination, openness and tariff reduction decrease the income. ... Yet, according to Mahattir Bin Mohamad (2002) it is too dangerous to invite the free market of global foundations to the developing countries. ... He also shows the independent way stating that developing countries must be making national policies by national govenrments to prevent global institutions" and other national governmen...

• Word Count: 751
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

Core countries are the most developed while the periphery are the least. According to another underlying theory of World-Systems Theory, the Dependency Theory, resources stream from the underdeveloped states (Periphery Countries) to the developed states (Core Countries). ... Although negotiations among the two parties can meet their desires halfway, there is always a possibility that the developed country to take advantage of the host country, thus resulting into exploitation of the underdeveloped country and its natural resources. ... This, in turn, attracts resource-abundant countries to ex...

• Word Count: 846
• Approx Pages: 3
• Grade Level: Undergraduate

A developed country is one which provides a high standard of living to its people as a result of the per capita income and Gross Natural Product. ... One of the common features of developing countries is a rapid rate of population increase. ... Moreover, the people in under-developed countries are economically backward, as the quantity of the people as productive agents is low. ... Further more, most developing countries are predominantly agricultural over relying on a monocrop, a traditional agriculture. ... Besides, though less developed countries of predominant agriculture than are in i...

• Word Count: 872
• Approx Pages: 3
• Grade Level: Undergraduate

" Meanwhile, many developing countries still remain predominantly rural and much poorer than the developed world. ... Thus, economic growth has starkly diverged and created "spikes" in the most developed cities while creating "valleys" in many poor countries. ... It is extremely important for poor countries to increase domestic investment and develop the necessary infrastructure to both sustain and increase productivity, instead of receiving capital donations from developed nations. ... If this trend of income disparity continues while the population of poor countrie...

• Word Count: 711
• Approx Pages: 3
• Grade Level: Undergraduate

Most developing countries hold life expectancies of 55 to 64 years. ... The World Bank is the largest provider of development assistance to developing countries and countries in transition, committing about $20 billion in new loans each year. ... It provides long-term loans at zero interest to the poorest of the developing countries. ... Together these countries are home to 3.3 billion people, comprising 69 percent of the total population of the developing countries. ... IFC  IFC was established in 1956 to encourage private sector activity in developing countries. ...

• Word Count: 3014
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate

In the case of a country, it means to have a highly developed economy and be technologically advanced. ... Although, in contrast to the above mentioned, the number of developing and underdeveloped countries is high in the world. According to surveys carried out there are 46 developed countries, 42 least developed countries and the rest of which are progressing towards development. The least developed countries (LDC) suffer from harsh problems such as extreme poverty and hunger. ... For example, India has developed its industry by providing favorable incentives to foreigners to invest in their ...

• Word Count: 1668
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

In order to determine if a country is a developed, underdeveloped, or developing country there are many factors that one needs to take into consideration. Its also important to determine why the country is underdeveloped or not, and why isn't developing the way other countries are developed. ... These theories listed differ in explaining why certain countries are considered underdeveloped or developing countries. ... It's significant to look at the structure of social classes in order to determine why the country isn't developing. ... In Guatemala there isn't enough educat...

• Word Count: 1415
• Approx Pages: 6
• Grade Level: Undergraduate

While having reached a developed state itself, Mauritius finds importance to be at a high level to supporting Sub-Saharan Africa. ... Mauritius's policy towards Lesser Developed Countries (LDC) is that of supporting the international climate for environmental and developmental goals as possible. ... Mauritius sets up NGOs for the country such as a Trust-fund committee. The non-governmental organizations deal with social security, societal welfare and onward in the country of Mauritius. ... In summary, while Mauritius is for the most part developed it is still developing to it is ful...

• Word Count: 515
• Approx Pages: 2
• Grade Level: Undergraduate

Among the rich or developed countries, the proportion of the international trade in the total product (exports more imports in connection with the GDP) it increased of 27% in 1987, to 39% in 1997. ... The companies constituted in a country invest more and more in the establishment and operation in other countries. ... In the entire world the currents of IED tripled amply between 1988 and 1998, passing from US$192.000 millions to US$610.000 millions, and in connection with the GDP, the proportion of the IED generally goes in increase, so much in the countries developed as in development. ... Fo...

• Word Count: 2186
• Approx Pages: 9
• Grade Level: Undergraduate

Developing countries must be clear that one of the key lessons of the recent Asian crisis is that development is unsustainable in the presence of widespread corruption. ... These countries should maintain the momentum of the Heavily Indebted Poor Countries (HIPC) Initiative - under which the IMF, the World Bank and the industrialised countries -the "loan sharks"- act together to reduce the debt to manageable levels. In return, the governments of these countries agree to adopt economic policies which will bring sustainable benefits to the poor. ... Last year, foreign direct investment in de...

• Word Count: 559
• Approx Pages: 2
• Grade Level: Undergraduate

The following essay will begin by defining the concept of ODA, followed by a critical analysis of both potential benefits and costs that the less-developed nations have to experience to their socio-economic development through the reception and dependence of ODA. ... Consequently, it is rather difficult for the less-developed countries to call for international investments. ... These failures have raised many controversies about the comprehensive effectiveness of ODA, and what really lies under the initial goal of promoting economic growth among less-developed countries has been questioned a...

• Word Count: 2127
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

GNP growth rates in developing countries are on average higher than those in developed countries. Moreover, the difference became even larger in recent years because GNP growth in developed countries slowed from more than 3 percent a year in the 1980s to about 2 percent a year in the first half of the 1990s. Low-income countries appear to have performed much better during this period, with GNP growing by almost 6 percent a year between 1980-1995. So, the way it looks, the poor countries have a good chance of catching up with the rich countries. ...

• Word Count: 648
• Approx Pages: 3
• Grade Level: Undergraduate

This may be true for most of the countries whose gross domestic product makes them attain the status of developed societies, but in case of low-level income nations it is not entirely possible for the respective governments to pursue totally home grown policies. ... Society It is but natural that the economy of a country has a deep impact on its social structure. ... To deal with situation such as this, many government of the underdeveloped nations have resolved to hear the advice of international forums such as the World Bank and Group of 8 developed countries; this means the introduction ...

• Word Count: 1345
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

It has been developed in partnership with the Planning Commission as the nodal partner from the Government of India (GoI); prepared in collaboration with government agencies, civil society, donors and other key development partners. ... The UN Country Team (UNCT), led by the UN Resident Coordinator (UNRC) decided that a complementary country assessment be undertaken to identify development challenges which form the basis for the UNDAF. ... In line with the UN's fundamental role to support national development efforts, the UN also responds to national partners' requests to develop cap...

• Word Count: 1899
• Approx Pages: 8
• Grade Level: Undergraduate