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Developed, developing and emerging countries .. Where lies the difference?
Tomorrow Press / Follow-up: Countries are classified in different parts of the world in a number of categories on the basis of economic development, and based on these ratings to many of the standards, and it is known that the countries that are more sophisticated usually called developed countries or first world countries, while called on states less developed or developing countries, Third World countries, what are the foundations upon which this distinction between the two types of countries in the world?
How to measure the level of development of a country:
There are several criteria to measure the development used by a wide range of institutions, in spite of the absence of an agreed global standard, the United Nations, for example, have some agreements that discriminate between developing and developed countries, while the World Bank uses GNI per capita criterion discrimination, despite the possibility of using other analytical tools for it, such as education and unemployment rates.
In general, the definition of the International Monetary Fund may be the most comprehensive, as it takes into account the per capita income, the degree of diversity in exports, and the level of integration into the global financial system, and in 2011 carried this institution to publish a report on this subject titled "rating countries according to their level of development. "
As an obvious example, the World Bank is the countries that have annual per capita income of about US $ 12 275 developing countries, and the classification of states her difference to high-income countries, middle-income and low-income.
Months developed countries:
The United States, Japan, Canada, Australia, and most Western European countries, all of the most famous examples of the industrialized countries and developmentally, and in 2008, this group received an estimated average per capita income of $ B37,665 per year.
Months developing countries:
States that define countries BRICS BRICS (short for: Brazil, Russia, India, China, South Africa), she is the author states the fastest economic growth in the world, is considered, however the list of developing countries, as well as countries such as:
China, Chile, Mexico, Malaysia, Thailand, Ukraine, and the Philippines.
It is noteworthy that oil-producing countries, especially the Gulf Cooperation Council (GCC) Although classified as developing countries, but it has a relatively good rate of GDP per capita GDP Per Capita State of like Qatar has, for example, according to the International Monetary Fund to $ 68.872 as the product of a local total, which sits in place third globally, the UAE GDP per capita Venatjha up to $ 46.875.
Emerging countries:
The emerging economies term or emerging countries Emerging Economies usually is called on those countries that are going forward to become an advanced countries, as shown in the economic structure and transitions that occur in many respects, such as GDP per capita GDP, and in spite of the lack of their high level of efficiency market or accounting standards or make them strong financial on par with developed countries.
Fourth World:
In addition to the term developing countries, there is another type of countries called the "least developed countries" LDCs sometimes called the fourth world, these countries have the lowest in the world development, gross national income indicators, and a number of these countries 49, according to the United Nations, is the best known: Afghanistan , Yemen, Somalia, Mali, Bangladesh.
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