United Nations Conference On Trade And Development

developing countries are defined as poor agricultural country that are seeking to become more advance economically and socially (Webster dictionary ). These countries are usually labelled based on their Gross domestic product( GDP). The GDP measures the value of the economic activity within that country. This can be a good insight to how the citizens of the nations are living by measuring the quality of life, unemployment and how much revenue is coming in from the outer nations. For these nations to fully develop economically and socially, they have to develop politically. This attempt to grow is often shut down due to the lack of a stable economy, exploitation by developed countries and corruption from within their governments. It is evident that in order for developing nations to succeed, the government system has to restructure

One way countries are organized and categorized into developing and developed countries based on a various number of factors. Two of the factors that are valued highly in the process of organizing countries are government stability and resource accessibility. These components are held in a higher regard than some of the others because of their significance and importance in the process of building up a country’s economy as well as a country as a whole. Some of these developing countries are great examples of countries that are on their way, do not be mistaken just because they are developing countries does not mean that they do not have bright spots, although those bright spots are few and far between. Instances of these bright spots can be found in almost every country, most especially a country like Nigeria. Many developed countries could once have been developing before being almost completely recreated by one or two key events in their histories. This all is evidence that countries are classified into developing and developed categories through their resource accessibility and government stability.

Why is it that some countries are classified as developed and others not? What is the criteria used to determine this? Some people believe that within the criteria to evaluate a country’s development, democracy and economic development must be taken into consideration, and that a link exists between them. Democracy can be defined as a form of government in which people choose their leaders by voting, it also implies equal rights and treatment. (Merriam Webster n.d.) By the other hand, economic development can be defined as the progress in an economy referring to an improvement of living standards, the adoption of new technologies and the transition form an agricultural to an industrial based economy. (Business Dictionary n.d.)

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.

Honestly, one would think that in todays modern world every country should be developed. However, few realize that there are still many developing countries. Mostly due to ignorance, and the majority doesn’t pay attention to the needs of developing countries. For instance, the only time a person may think of a developing country is when the see the commercials on television, and believes that this must be the only issues facing developing countries. Normally, people visualize those commercials asking for money to feed, or asking for help of some type of medical expenses. Take the United States as an example, and often this country would release funds to foreign aid before their own citizens. Which could easily cause tension amongst the government and the American people. According to, SAE there are about 137 developing countries, and countries that earns on average 11,905 or less are a developing country. There are many different choices when comes to picking a developing country. However, the country of Sierra Leone will be the country up for discussion.

In spite of Third World countries’ similar pre-industrial history and early policies aimed at industrializing, Third World countries have not had the same growth as most European countries. Bates analyzes the process of development and concludes that this time period as an important variable in a countries’ development.

Countries throughout the world differ in their level of development; they are classified within a range of the two extremes as either LEDC (Least Economically Developed Countries) or MEDC (More Economically Developed Countries). The Variety of economies, cultures and people make it impossible to use a single indicator of development. Geographers use diverse Development Indicators to compare regions against each other, such indicators include:

Development is a term that contains many different meanings in other parts of the world, however the idea of it is pretty much the same everywhere. A broad definition of Development, according to Global Sherpa “refers to developing countries working their way up the ladder of economic performance, living standards, sustainability, and equality. . .”, in order to reach a developed status. Throughout the majority of history, the world was mainly divided amongst powerful empires and the territories that serve them, but times are changing now and no one is longer willing to become another one’s slave. In today’s society, there have been a number of countries that have learned to fend for themselves and become entirely self-sufficient, on the other hand, there are also those who are struggling to survive on their own but refuse to keep striving for development. It should come as no surprise that what we have nowadays was not available and ceased to exist in the past. Nonetheless, much of what we do have now is a result of development or this idea of constant change and innovation. Although there are no exact standards that determine what development is, there are guidelines that one has to achieve to often be recognized as a developed nation. And there are a variety of ways countries attempt to do to get to this point. For example, there are many that believe that by introducing more jobs to the country will eventually lead to people having more money to spend and benefit the

The London Stock Exchange lists the FTSE 100 which is a share index of stocks of 100 companies showing the highest market capitalisation. This will be completed by discussing the movement of the company’s share during the time period. The companies will also be compared to the movement of the shares against each other, against FTSE 100 and against its industry sector. The records and comparisons will be all in context of Stock Market Efficiency. Stock Market allows a company to be aware of the trade with shares and finance which is at an agreeable price. Two of the companies chosen to

Least developing countries are the countries which are poor in agricultural that are seeking to become more advanced economically and socially. Most of the countries are developing, less developed or Third World countries. However, the big difference in wealth and economic development amongst Third countries, the concluding are typically characterised by a low average per capita income, high external debt (to foreign banks and states in respect of loans acquired), a strong dependance on agriculture and other primary activities.

Since in recent years, numerous drastic occurrences have taken place in the stock markets of various countries, it is of great interest to know and examine if these changes have influenced the other countries policy making attributes in one way or another. III. PROBLEM BACKGROUND The economic rise of China and India is arguably one of most significant occurrence in the 21st century The rapid economic growth of BRICS countries have uplifted millions of their citizens every year from poverty.

We often classify countries and areas in the world by how developed they are, but this is term is relative, depending on your measurement. There are many factors that count towards a country’s economy that is difficult to quantify. The popular measurements for economic development are Gross Domestic Product (GDP), which is the value of all the recognized goods and services produced in a country in a specific period of time usually a year, and Gross National Income (GNI), quantified by the summation of the GDP and the net income acquired overseas (Investopedia). There is GDP per capita which is the indicator of the personal income of the country (Chidakel and Herrero).

Developing countries are in general countries which have not achieved a significant degree of industrialization relative to their populations, and which have, in most cases a medium to low standard of living. There is a strong correlation between low income and high population growth

Developed states are characterized by being highly industrialized, they have low unemployment, improved social services, advanced farming industries with the technology to produce more in less time and with fewer people. Underdevelopment should not be understood as the opposite or lack of development but the very low level of development of a particular state when in comparison to other states (especially wealthier

In the year of 2001, the derivative products of equity of Pakistan were started in the Stock Exchange of Karachi. In the start of this launching, a single stock of futures was brought for introduction which was deliverable for just one month. It has almost nine years passed after that but this stock market is not considered as much as developed when it is compared to Indian market. The derivates related to finance, and which were traded in terms of exchange were initially started in Bombay Stock market and National Stock Market of India in the year of 2000’s June. Some of the futures related to index which were based on BSE Sensitive Index (Sensex) and S&P CNX Nifty Index (Nifty) were started in very first phase.