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Diverse Structures and Common Characteristics of Developing Nations
Chapter 2
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Defining the Developing World
The UN’s System World Bank’s System The UNDP’s Human Development Index The OECD’s system
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Figure 2.1 The Developed and Developing World, 2002
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Figure 2.1 The Developed and Developing World, 2002 cont’d
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The Structural Diversity of Developing Economies
Size and income level
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The Structural Diversity of Developing Economies
Size and income level Historical background Physical and human resources Ethnic and religious composition Relative importance of public and private sectors Industrial structure
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The Structural Diversity of Developing Economies
Size and income level Historical background Physical and human resources Ethnic and religious composition Relative importance of public and private sectors Industrial structure External dependence Political structure, power, and interest groups
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Common Characteristics of Developing Nations
Low levels of living Per capita national income
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Figure 2.2 Per Capita Gross National Product in Selected Countries, 1997 (in U.S. dollars at official exchange rates)
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Common Characteristics of Developing Nations
Low levels of living Per capita national income Relative growth rates of national and per capita income
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Common Characteristics of Developing Nations
Low levels of living Per capita national income Relative growth rates of national and per capita income Distribution of national income
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Common Characteristics of Developing Nations
Low levels of living Per capita national income Relative growth rates of national and per capita income Distribution of national income Extent of poverty
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Common Characteristics of Developing Nations
Low levels of living Per capita national income Relative growth rates of national and per capita income Distribution of national income Extent of poverty health
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Figure 2.3 Infant Mortality Rates in Selected Countries, 1998 (per 1,00 live births)
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Common Characteristics of Developing Nations
Low levels of living Per capita national income Relative growth rates of national and per capita income Distribution of national income Extent of poverty Health Education The Human Development Index
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Common Characteristics of Developing Nations
Low levels of living Low levels of productivity High rates of population growth and dependency burdens
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Common Characteristics of Developing Nations
Low levels of living Low levels of productivity High rates of population growth and dependency burdens Substantial dependence on agricultural production and primary exports
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Figure 2.4 Composition of World Exports (percentages of primary and manufactured products)
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Common Characteristics of Developing Nations
Low levels of living Low levels of productivity High rates of population growth and dependency burdens Substantial dependence on agricultural production and primary-product exports Prevalence of imperfect markets Dependence and vulnerability
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Concepts for Review Absolute poverty Brain drain Crude birthrate
Death rate Dependency burden Developed world Foreign exchange Gross domestic product (GDP) Gross national product (GNP) Human Development Index (HDI) Imperfect markets Income gap Income inequality Incomplete information
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Concepts for Review, cont’d
Infant mortality rate International poverty line Labor productivity Least developed countries (LLDCs) Levels of living Low income countries (LICs) Malnutrition Middle-income countries (MICs) Mixed economic systems Newly industrialized countries (NICs) Physical resources
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Concepts for Review, cont’d
Primary industrial sector Production function Purchasing power equivalent Purchasing power parity (PPP) Resource endowment Secondary industrial sector Tertiary industrial sector World Bank
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