PROFILES OF DEVELOPED AND

DEVELOPING COUNTRIES

Maria Teresita B. PeredoReporter

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)

- 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

GROWTH Quantitative Rate or speed

DEVELOPMENT Qualitative Transition between two

fundamentally different forms of life

KEY DIFFERENCES- ECONOMICS, PER CAPITA INCOME, INDUSTRIALIZATION, LITERACY RATE, CULTURE, LIVING STANDARDS, ETC.

Profiles of Developed and Developing

Countries

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

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

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

SIMILARITIES BETWEEN DEVELOPED AND DEVELOPING NATIONS

Both have the same problem of unemployment Both need trade and investment to remain stable and growing

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”

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

DEVELOPMENT STRATEGIES

Assistance for development- economic aid Poverty reduction Sustainable development Gender equality New investment strategies

GROUP OF SEVEN

G7

Informal bloc of industrialized democracies US, Canada, France, Germany, Italy, Japan, UK Meets annually Became G8 in 1994-2014 (Russia)

Canada Stephen Harper, Prime Minister

 CanadaStephen Harper, Prime Minister

France François Hollande, President

Germany Angela Merkel, Chancellor

Italy Matteo Renzi, Prime Minister

Japan Shinzo Abe, Prime Minister

United Kingdom David Cameron, Prime Minister

United States Barack Obama, President

MILLENIUM DEVELOPMENT GOALS (MDG)

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