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PROFILES OF DEVELOPED AND
DEVELOPING COUNTRIES
Maria Teresita B. PeredoReporter
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WHAT IS DEVELOPMENT?• act or process of growing; or creating something over a
period of time• Providing better lives for people* synonymous with economic growth• The accumulation of human capital and its effective
investment in the development of economy• Movement from rural to urban areas and the
achievement of worldwide communities via satellite and jet travel
(Dynamics of Development- The Philippine Experience by Estrelita Muhi et al)
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- WHEN ONE COUNTRY MODERNIZES, IT IS DEVELOPING…. WHEN ONE COUNTRY DEVELOPS , IT IS MODERNIZING.
MODERNIZATION Concept or idea Broader than development
Just one of the major components of the process of development
DEVELOPMENT Realization of the idea Just a part and parcel of the whole
process of modernization Broader than modernization
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GROWTH Quantitative Rate or speed
DEVELOPMENT Qualitative Transition between two
fundamentally different forms of life
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KEY DIFFERENCES- ECONOMICS, PER CAPITA INCOME, INDUSTRIALIZATION, LITERACY RATE, CULTURE, LIVING STANDARDS, ETC.
Profiles of Developed and Developing
Countries
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DEVELOPED NATIONS More industrialized Higher per capita income levels Populations are generally stable People consume large amounts of
natural resources
DEVELOPING NATIONS Less industrialized Lower per capita income Rapid population growth Consume less
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GENERALIZED CHARACTERISTICS OF DEVELOPED AND DEVELOPING COUNTRIES
1. post industrial economies2. High level of industrial development3. High level of affluent citizens4. Low levels of unemployment5. Higher education rates6. Technological advantages7. Better roads8. Stable governments9. Good health care10. Human and natural resources are
fully utilized11. High level of per capita income
1. Factors of production are not fully utilized2. In the process of industrialization3. Low level of affluent citizens4. Higher levels of unemployment5. Lower education rates6. Often contain undeveloped villages7. Undeveloped roads8. Unstable government9. Endemic diseases in some countries10. Poor nutrition11. Unequal distribution of income
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GENERALIZED CHARACTERISTICS OF DEVELOPED AND DEVELOPING COUNTRIES
12. High Human Development Index13. Increased life expectancy14. Low birth rates15. Low death rates16. Safe water supply17. Accessible advanced medical services18. Good housing conditions
12. Low HDI13. High infant mortality rates14. High level of birth rates15. High level of death rates16. Dirty, unreliable water supply17. Poor access to medical services18. Poor housing conditions
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SIMILARITIES BETWEEN DEVELOPED AND DEVELOPING NATIONS
Both have the same problem of unemployment Both need trade and investment to remain stable and growing
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PROBLEMS OF DEVELOPMENT TODAY
“Structural constraints” to development geography High economic poverty Hunger High mortality rates Unsafe water supplies Poor education systems Corrupt governments War Poor sanitation “poverty traps”
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SIX AREAS OF POLICY TO IMPROVE CHANCES OF DEVELOPMENT
Investment in education and health Increasing productivity of small farms Improving infrastructure Developing an industrial policy to promote manufacturing Promoting democracy and human rights Ensuring environmental protection
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DEVELOPMENT STRATEGIES
Assistance for development- economic aid Poverty reduction Sustainable development Gender equality New investment strategies
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GROUP OF SEVEN
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G7
Informal bloc of industrialized democracies US, Canada, France, Germany, Italy, Japan, UK Meets annually Became G8 in 1994-2014 (Russia)
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Canada Stephen Harper, Prime Minister
CanadaStephen Harper, Prime Minister
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France François Hollande, President
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Germany Angela Merkel, Chancellor
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Italy Matteo Renzi, Prime Minister
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Japan Shinzo Abe, Prime Minister
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United Kingdom David Cameron, Prime Minister
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United States Barack Obama, President
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MILLENIUM DEVELOPMENT GOALS (MDG)
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THANK YOU FOR YOUR ACTIVE LISTENING…..
“Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbour. Catch the trade winds in your sails. Explore. Dream. Discover.” ~ Mark Twain