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'''Developing countries''', and/or the inaccurate, out-of-date terms<ref>Although a convenient shorthand, the "South" is a inaccurate term as it suggests that the developing nations are further South than the developed nations. Consider Australia and Mongolia as two obvious counter-examples. Further, consider Albania, Japan and Malaysia as counter-examples to the idea of countries in the same region belonging to the same economic class.</ref> '''majority world''', '''Third world''' and the "South" all refer to the countries that rank the lowest on the [http://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index Human Development Index]. | '''Developing countries''', and/or the inaccurate, out-of-date terms<ref>Although a convenient shorthand, the "South" is a inaccurate term as it suggests that the developing nations are further South than the developed nations. Consider Australia and Mongolia as two obvious counter-examples. Further, consider Albania, Japan and Malaysia as counter-examples to the idea of countries in the same region belonging to the same economic class.</ref> '''majority world''', '''Third world''' and the "South" all refer to the countries that rank the lowest on the [http://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index Human Development Index]. | ||
==Economic growth== | ==Economic growth== | ||
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==Notes and references== | ==Notes and references== | ||
{{reflist}} | {{reflist}} | ||
== See also == | == See also == | ||
* [[Poverty]] | |||
* [[Colonization]] | * [[Colonization]] | ||
== External links == | == External links == | ||
*[[Wikipedia: Third World #Criticism of the term]] | *[[Wikipedia: Third World #Criticism of the term]] | ||
[[Category:Principles of development]] | [[Category:Principles of development]] | ||
Revision as of 10:14, 29 October 2012
Developing countries, and/or the inaccurate, out-of-date terms[1] majority world, Third world and the "South" all refer to the countries that rank the lowest on the Human Development Index.
Economic growth
Developing countries generally have a (much) higher economic growth than developed countries. See the World Economic Outlook 2012 map The downside of this however that this sparks more urbanization which negatively effects the environment in these (still relatively pristine) countries.
Notes and references
See also
External links
- ↑ Although a convenient shorthand, the "South" is a inaccurate term as it suggests that the developing nations are further South than the developed nations. Consider Australia and Mongolia as two obvious counter-examples. Further, consider Albania, Japan and Malaysia as counter-examples to the idea of countries in the same region belonging to the same economic class.