StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Reason Why the Developing countries are not developing - Essay Example

Cite this document
Summary
Name: Institution: Course: Date: The Reason Why the Developing Countries Are Not Developing Introduction A developing country, also referred to as a less-developed country (LDC), is a country with a low living standard, low human development index, and underdeveloped industrial base in comparison to other nations.1 Many countries that fall under this category are those in Africa, Asia, Middle East and Latin America…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.5% of users find it useful
The Reason Why the Developing countries are not developing
Read Text Preview

Extract of sample "The Reason Why the Developing countries are not developing"

Download file to see previous pages

The question that puzzles the minds of many economists, politicians and the general population pertains to why the developing countries are not developing. This is due to the fact that they have remained underdeveloped for more than a century and very few show signs of becoming industrialized or developed in the near future. The objective of this paper is to explore why and what measures make a country be categorized as a developing country. It will also discuss why there is the lack of development in these countries.

The development of a nation is usually measured with statistical indexes such as life expectancy, income per capita, gross domestic product (GDP), and literacy rate among others.2 A Human Development Indicator for the above statistics has been developed by the United Nations to measure the human development levels for countries where reliable data can be found. Based on these statistics, a country is categorized as developing when it has not yet achieved a considerable degree of industrialization relative to their population, and with low standards of living.

These countries are also categorized as developing countries since they have low literacy levels, low income per capita, and short life expectancy. Why Developing Countries Are Still Not Developed Several reasons have been established as the leading factors contributing to underdevelopment in developing countries, first being lack of infrastructure. Most of these developing countries have not yet taken the initiative of investing enough to construct the infrastructure that boosts the efficiency of both capital inputs and labor.

3 The main reason is that it is generally costly to install an infrastructure as it requires a large capital expenditure. However, since most of these countries are still poor, they are not in a position to invest much in the infrastructure. Infrastructure is important for the development of a nation. For example, hospitals are necessary to maintain the health of the working population. Roads are also important to promote trade and attract investments in a country. Lack of good highways usually increases the cost of transport, thus hampering trade.

Good housing as an infrastructure is also necessary to shelter the working population. Moreover, growth of urban areas is dependent on investment in infrastructure. However, all these infrastructural facilities being either unavailable or poor is what hamper development in developing countries; this is evident in countries such as Sudan, Eritrea, Ethiopia, and Syria among others. Lack of skills has also been singled out as a factor contributing to underdevelopment in developing countries.4 Development of a country is highly dependent on the literacy level of the population and the ability to embrace the use of technology.

This is what has made countries such as the United States, Britain, Germany, and France to become fully developed. China is also a new country that was a decade ago considered as a developing country has embraced the use of technology. This has moved it from a developing country to an industrial one. However, most developing countries lack the skills and the proper education to enable its population to employ the use of techno

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Reason Why the Developing countries are not developing Essay”, n.d.)
Retrieved from https://studentshare.org/history/1453498-the-reason-why-the-developing-countries-are-not
(The Reason Why the Developing Countries Are Not Developing Essay)
https://studentshare.org/history/1453498-the-reason-why-the-developing-countries-are-not.
“The Reason Why the Developing Countries Are Not Developing Essay”, n.d. https://studentshare.org/history/1453498-the-reason-why-the-developing-countries-are-not.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Reason Why the Developing countries are not developing

Developing Countries and Trade

Bans and quotas are also trade barriers that cause problems in internal trade, in the case of quota the developing countries are only required to export a certain quantity to country, this is a major draw back to the agricultural sector in the developing countries.... Foreign income highly depends on agricultural products exported and also tourism, however agriculture plays an important role in these countries in providing employment and food, there are various problems that these developing countries face in this sector and they include: High tariffs are imposed on imports in international trade; tariffs are a source of revenue to the government but at the same time they restrict the level of imports in a country, the agricultural sector in developing countries are faced with this problem because their good become more expensive in the internal market due to imposed tariffs....
14 Pages (3500 words) Essay

International Trade Policy Issues

As a result of multinational liberalization all countries are benefited in their economic growth by unveiling their unexploited potentials.... Glaeser, 1999, evidence on Growth, Increasing Returns, and Extent of the Market) 2 When we study the history of economic development we witness that trade is a driving force for economic growth in developed and under developing countries.... We witness an unexpected and robust growth in India and China including other developing countries....
8 Pages (2000 words) Essay

Features of Developing Countries

At the initial start of this written; there is needs to begin with making introduction of the key factor of the essay, which primarily focuses on developing countries.... What is meant by developing countries and what are the features of these nations on the Economic basis. … In the first phase of this introduction, there is needs to know that these countries that are called the Developing nations have consist of two third of the whole world, they are also found in parts of the word like in Latin America, Africa and Asia....
8 Pages (2000 words) Essay

Constraints on Developing Countries

This paper makes a conclusion that constraints do exist and developing countries are at a significant disadvantage when compared to industrialised nations but the author also thinks that the world is becoming more equal.... These countries are following the guidelines given by the United Nations to increase their ability to produce as well as the quality of their production.... This essay declares that the future for a level playing field and the transition of developing countries appears to already be underway since the majority of the World Trade Organisation is composed of developing countries which are striving to take part in the international industrial trade setup....
6 Pages (1500 words) Essay

Low Insurance Micro-Insurance Uptake in Developing Countries

The paper will also provide some recommendation of what needs to be done to increase the uptake of health micro insurance in developing countries.... Studies by the World Health Organization (WHO) indicates that the uptake of health insurance in many developing countries, especially in Africa, remains low (Ahuja & Jütting, 2004).... With the insurance cost remaining high in most African countries, the uptake is common in the employed population....
8 Pages (2000 words) Essay

How Developing Countries Should Manage Economic Development

Most developing countries... Therefore, governance in any developing country plays a crucial role in the economic achievement of the state.... The government can have skilled personnel and the support from financial institutions, but they may not have the resources to implement the policies....
7 Pages (1750 words) Essay

World Trade Organization and Developing Countries

In the paper “World Trade Organization and developing countries” the author tries to answer the questions: How does the WTO relate with the concerns of developing countries?... How can we reform the WTO to serve the interests of developing nations better?... hellip; The author states that as of 23 July 2008, the World Trade Organization is composed of 153 countries.... The MFN principle of the GATT/WTO requires all member countries to provide equal treatment to all member nations of the GATT/WTO....
13 Pages (3250 words) Dissertation

Globalization and Developing Countries

Effects of Globalization Members of the anti-globalization forum argue that people in poverty-stricken countries are adversely affected by globalization because it brings increased competition with which they are unable to cope.... The author of this paper "Globalization and developing countries" examines the objective evidence for whether globalization has negative or positive effects on developing countries.... It has resulted in a surge of capital movements that affect both industrialized and developing countries Usually, capital inflow is deemed positive for developing countries because it helps raise growth rates....
5 Pages (1250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us