Developing country

the other hand, refers to the scarcity of resources or a situation where a country or a person lacks a given amount of resources. It is a condition where a nation lacks the necessities to enjoy the…

with the statement “The Millennium Development Goals will only end up being the latest failure by the developed world to live up to undertakings they make the developing world” because they impact and change developing countries. The Millennium Development was created by world leaders to improve the standards of under developing countries and continue to increase its promises by the time frame projected. The Millennium Development Goals also known as (MDGs) was agreed upon by the many world…

to cater to their basic needs, while the imbalance between people of different sex, class and status is inequality. Both states have negative impacts on a country, affecting a large number of the population, hence it is necessary to develop strategies to curb them. According to the World Bank (2016), 66% of the population in developing countries survived on less than $3.10 per day in 1990 and the percentage of people living in the same condition fell to 35% in 2012. Although a large percentage…

The rapid growth of urban areas in developing countries is causing a large debate on whether it is overall beneficial or harmful to the countries and societies that they are located in. In 2000 two billion people in the developing world lived in cities, by 2030 it is expected to be around five billion. The cities that are growing the fastest are located in Asia and Africa. The question of whether this is a positive impact is rooted in how it will affect the poverty level. There is mass poverty…

between women participation in politics and a country’s overall economic success. This study investigates two African countries that each share a similar gross domestic product (GDP). These countries are Kenya and Ethiopia. A country with a high GDP and or economic development will produce favorable gains in women participation while the lacking country will not. Having countries that share similar GDP will help with comparison measure. The overall development is a determining factor toward…

will illustrate some examples on the different aspects of poverty. A. The cities are growing at an explosive rate in the developing countries. Lagos is growing quickly and it has grown from 230,000 (1950) to 13.4 million. 1) The average rate of growth has been calculated to be 7.5%. It is more than the population of Nigeria. 2) The megacities are developed in developing countries showing critical problems like bad sanitation, overcrowding, housing, transportation. The unemployed people are…

basic financial services can create substantial positive difference in improving poor people’s lives. The research findings indicate that in developing world, sixty four percent of adults do not have access to formal financial services (Ardic & Heimann, 2011) The issue of financial inclusion is a development policy priority in several developing countries. Among socio economic factor, as expected, income is…

In 2014, 8.4 billion dollars of the foreign aid budget went directly to healthcare programs in developing countries. Of that, $6 billion went to provide treatment for and stop the spreading of HIV/Aids. UNAIDS estimates that worldwide there are 33.4 million people living with HIV, 2.7 million new infections of aids each year, and 2 million deaths from AIDS each year. (UNAIDS.org). Of those, “7 out of 10 deaths for 2008 were in Sub-Saharan Africa, a region that also has over two-thirds of…

in the countries with the majority of natural resource endowments. “There are twenty-three countries in the world that derive at least sixty percent of their exports from oil and gas and not a single one is a real democracy” (Patrick). In developing countries, an increasingly important part of economic growth is the management of natural resources. This allows governments to deliver services to their citizens and it also creates jobs (“Creating Jobs”). The problem is that these countries do not…

misallocation of provided aid by government officials. The billions of dollars that have been collected worldwide, and specifically designated to foreign aid, have been abused by politicians in developing countries and in turn, have registered as not generating an economic growth or negatively affecting a developing country’s economy. The big argument within economics and foreign aid is whether or not it is effective. Economists argue for both sides; however, with no sufficient amount of…