Developing Countries Essay

On the vast continent of Africa, there are fifty-three countries; of these only six are not located below the Sahara Desert. This leaves the Sub-Saharan region of Africa to encompass a total of forty-seven countries. Many of these countries south of the Sahara have been in state failure, either partial or complete collapse of state authority. This has led to an inability to

Many poor countries carry sufficient amounts of debts due to loans from wealthier countries or from international bank loan companies. With the large build-up of loan, the country can go bankrupt. Ultimately, this leads to the entire country working to pay the debt without having any realization of their economy. Debts create significant obstacles for these developing countries, since they divert their funds away from improving different sectors, including healthcare or education. This contributes to lower life expectancy and more illiterates in the country. For instance, Liberia has a total debt of $3.7 billion US dollars; the problem is they can only allocate US $7

Barack Obama once said “The future must not belong to those who bully women. It must be shaped by girls who go to school and those who stand for a world where our daughters can live their dreams just like our sons.” This message is not only relevant in the United States. In fact, it has even stronger meaning in Africa. In Sub-Saharan Africa, more than 28 million girls are out of school (Camfed). It is important to raise awareness of the lack of education for girls in Africa because educated women are healthier, educated women can raise a country’s gross domestic product, and educated women can advocate for themselves.

Within the last 60 years, Third World development has been a global priority, at the top of virtually every Western agenda. And with the rise of the global population and poverty levels continuing to rise along with it, it is very easy to see why human development is becoming such a topic of focus and discussion among members of the academia. But one question that everyone wants the answer too is, how does Third World development fit into Globalization? Despite apparent compatibility, when closely examined it is clear to see that Globalization actually contradicts Third World development due to the conflict of agendas. Both Globalization and Development hold views concerning market reform, social structure and regulation, which are

One of the major causes of poverty throughout the world is National Debt. Also known as public debt, national debt is defined as “the total financial obligations of the central government of a nation usually in the form of interest-bearing government bonds” (National debt 2015). International debt is complex challenge in magnitude with poverty affecting the welfare of millions of people, in many countries all over the world. However at the same time international debt does not only affect those in the country but rather affects many international and private sources of financial institutions. National debt presents many moral challenge

Approximately 75 million children around the world have no opportunity to attend primary school. Of the 75 million, most of them are girls due to tradition or parents that hold them back from attending ("Main Navigation"). Other factors that affect children from going to school is because of conflicts and wars that result in schools to be destroyed and families to flee the country. Lack of education is a growing crisis due to many factors in developing countries but it has the power pull a country out of poverty and make them economically stable and attract other countries to trade, therefore it should be seen as a priority. Developed countries are involved to help countries increase their education because every child should have the

Recruitment is vital to the success of your organization. This process will determine your workforce. As mentioned in our prior recommendation it is important to hire employees that share the organizations goal of successfully expanding into a new market, while continuing to provide our clients with superior service. The human capital theory suggests that education or training raises the productivity of workers by imparting useful knowledge and skills, hence raising workers' future income by increasing their lifetime earnings (Becker, 1964).

According the to World Bank a countries income level is determined by it’s Gross National Product (GNP) per capita, which is the value of all final goods and services produced in a country in one year (gross domestic product) plus income that residents have received from abroad, minus income claimed by nonresidents divided by its population.("How We Classify Countries,") This measure is an indication of how well the population in a country lives. When comparing country income levels there are several differences that can be found between each group, listed in order of examination they are GNP per capita, political stability, life expectancy, and access to education.

     Africa has more than 800 languages native to its continent. African cultures are so diverse that they are different from any other culture of the world. African cultures contain many different languages. African languages range from common French to languages unheard of to most people such as Swahili. African arts are much different than American arts. Their art involves much more creative pottery, masks, and paintings. Africa has a very interesting culture. Reasons being the people are very creative and like to express their individuality. The most diverse cultures in the world belong to Africa.

Throughout the years, the United States of America has endured a very strong economy. Although there have been many obstacles of hindrance such as trade deficits, wars, hostile governments and embargo’s, the economic status of the United States still continues to prevail. Just to name a few, the economy of this country survives on simple commodities such as pork, oranges, precious metals and the productive efforts of its citizens. In this paper, I will not only introduce and discuss the logistics of both the United States and the United Kingdom; I will discuss its key economic obstacles and its economic well being.

Some of the world’s poorest countries, with some of the highest child labor and illiteracy rates lie in Sub Saharan Africa. People generally associate the region only with poor economic conditions and all of the social disorder that goes along with 3rd World Status. While some of this reputation is deserved, many people are also failing to see the vast potential for this part of the world. There are several factors that African governments should look into if they want to effectively and efficiently revamp this areas quality of life. One way to do so is by improving the more crucial aspects to healthy functioning region, for example, allowing children to possess their natural rights to a decent education. This could influence an increase

They are issued loans from developed countries like the USA and England at a high rate of interest. They are required to pay over time, but the interest rates are so high that the country often finds itself in further debt than before the loan. This problem is defined as world debt. Suggestions made recently have been that all debt to be paid by the developing world should be written off and a fresh start made. However the problem

African nations regularly fall to the bottom of any list measuring economic activity, such as per capita income or per capita GDP, despite a wealth of natural resources. The bottom 25 spots of the United Nations (UN) quality of life index are regularly filled by African nations. In 2006, 34 of the 50 nations on the UN list of least developed countries are in Africa. In many nations, the per capita income is often less than $200 U.S. per year, with the vast majority of the population living on much less. In addition, Africa's share of income has been consistently dropping over the past century by any measure. In 1820, the average European worker earned about three times what the average African did. Now, the average European earns twenty

Developing nations are filled with hope and aspirations of one day becoming a wealthy, dominating, and influential country. These nations can sometimes be unsafe, difficult to live in, and hard for workers to earn good compensation for their labor. On the other hand, living in a developed nation has many upsides. Developed nations are wealthy, which in turn have good infrastructure, labor and worker laws, and have less crime.

Foreign Direct Investment (FDI) is one of the biggest tools for international economic integrations. Firms view overseas expansion as a necessary step to achieve a more effective access in the markets where they presently have low representation as stated by Tyu T. and Zhang M. M. (2007). In order to take advantage of the aggregate economies offered by the blooming innovative environment in that particular region, firms of course will invest heavily in an advantaged location to compete with other countries. According to Changwatchai P. (2010), FDI has become more important for the economic growth and development of many countries. FDI can deliver capital, a means to pursue global strategic objectives, and a means to access technology and skills to the host country. Attracting FDI is an important issue of concern to many developing nations.