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List of developing countries. The Third World in a Unipolar System

Countries of the third world, or, as they are called, developing territories, is a vivid confirmation of the economic principle of "80% -20%". Only here is the ratio of the population and the gross domestic product to the world. Having 80% of the world's population, they produce and consume 20% of world GDP. Today the list of developing countries opens China. According to Bloomberg (the world's largest financial information provider), China's GDP growth over the next four years will be 46%. Such expansion will provide the Chinese economy with almost world domination. To our chagrin, Russia in the list of Bloomberg takes 9th place.

Who falls into this category?

The indicators on which states are listed on the list of developing countries are GDP growth, the ratio of public debt to GDP, inflation, the coefficient of the category "ease of doing business." So, to conduct business under this version in the Russian Federation is 21 points more difficult than in China. And this despite the fact that China's ratio is very high.

Non-ideal world

So what is this - the developing countries of the world, whose list is constantly replenished? These are the states of Asia, Africa, Latin America, characterized by the agrarian and raw material economy and a rather poorly developed manufacturing industry, rapid population growth, and low level of education. But such a definition would be more suitable for the pre-perestroika picture of the bipolar world. Now all the republics of the former socialist camp, South Korea, Russia are on the list of developing countries. Pleases that we are in the top twenty of them.

Heterogeneity of the list of third world countries

To date, developing countries, the list of which is opened by the most developed countries of Latin America (Brazil, Mexico, Argentina) and Asia (South Korea, Singapore, Hong Kong), can be divided into five groups.

  1. The first group includes those mentioned above.
  2. The second can be attributed to the states characterized by a high share of hydrocarbon energy exports (OJSC, Kuwait, Qatar, Bahrain). These countries have high per capita income (for understandable reasons), favorable geographic location, high financial and economic potential.
  3. The third group of states on the list of developing countries is the largest. These include former colonies with an average per capita income level (for this group of states) with the same average economic and production potential (Tunisia, Colombia, Guatemala).
  4. The fourth is composed of states with large territories, a huge population, with great investment attractiveness, but low income per capita (Pakistan, Indonesia, India). It is the latter factor that hinders the development of these states.
  5. And the outsiders of the global economy are closing down the list of developing countries - states that lag behind in all macro and microeconomic indicators (Afghanistan, Ethiopia, Chad, Honduras). Characterized by an uncomfortable economic-geographical position, undeveloped industry, the main branch of the economy is agriculture.

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