Development Of A Nation s Development - 968 Words

By definition development means ‘the act or process of developing; growth; or progression’. The world’s nation-states are commonly categorized based on their state of development; nations who have reached the end-state, that being developed, are colloquially termed as ‘developed nations’ or ‘first world nations’. In contrast, nations working towards this end-state are referred to as ‘developing nations’ or ‘third world nations’. However obvious or apparent these designations may seem, the constituents affecting the status of a respective nation’s development is quite convoluted. What qualifications do developed nations hold over developing nations; what does it mean exactly to be developed or developing. The process of development is dynamic, and so is the system by which nations received their designation. A series of indicators, institutions and measures are used to assess the state of a nation’s development; historically, these indicators have varied throughout time and space. Development theory has been largely presupposed to the fact that the only institutions of importance were those directly expediting market activity. Directly following World War II, the health of a nation was predominately based off its gross domestic product (GDP). This view of the ‘market as the magic bullet’ dominated the social construct of development; however, this paradigm began to shift come the late 1980s/early 1990s. This archaic way of thinking has now expanded to explore new theories ofShow MoreRelatedDevelopments Of Securing The Nation s Ports788 Words   |  4 PagesDevelopments in securing the nation’s ports have occurred since September 11, 2001: According to American Association of Ports Authorities (n. d) the United States is served by some 360 commercial ports that provide approximately 3,200 cargo and passenger handling facilities and there are more than 150 deep draft seaports under the jurisdiction of 126 public seaport agencies located along the Atlantic, Pacific, Gulf and Great Lakes coasts, as well as in Alaska, Hawaii, Puerto Rico, Guam, and theRead MoreThe United Nation s Millennium Development Goals1021 Words   |  5 PagesINTRODUCTION This year, 2015, marks the deadline of the United Nation’s Millennium Development Goals (MDG) with the final objective of extinguishing all extreme forms of poverty in the world. This consists of eight goals set by the UN, which include the promotion of gender equality and human rights, universal primary education, eradication of hunger, and others. One particular goal of the UK’s Millennium Development, goal number six, is the combat of diseases such as HIV/AIDS and malaria in all countriesRead MoreThe Development Goals Of The United Nation s Children Fund1980 Words   |  8 Pagesworld. United Nation’s Children Fund (UNICEF) reports that â€Å"although analyses of recent trends show that the country is making progress in cutting down infant and under-five mortality rates, the pace still remains too slow to achieve the Millennium Development Goals (MDGs) of reducing child mortality by a third by 2015†, but that â€Å"the tragedy behind this slow pace of progress in child survival is that two-thirds of the under-five deaths could be avoided, since life-saving interventions are well knownRead MoreForeign Assistance For Foreign Aid1553 Words   |  7 Pagesbe noncommercial from the point of view of the donor and 2) it should be characterized by concessional terms. There are many ways and means of transferring resources to LDC s (Less Developed Countries): Multilaterally, as with the many international agencies such as the World Bank or various departments of the United Nations. Bilaterally, which is an agreement between two countries for a specific amount or item of aid. Direct food aid, or, the granting of preferential tariffs by developed countriesRead MoreEconomic Development Of Africa And South America905 Words   |  4 Pagesthis development has been determined basically by enhanced monetary administration on the mainland and the private part. Africa s financial development coud not have happened without significant change in monetary influence. In any case, Africa s deficient base remains a significant obligation to the mainland s monetary development and improvement.. African as of now contributes only four for every penny of its aggregate GDP in base, contrasted and China s 14 for every penny. Africa s aggregateRead MoreDifference Between Modernization Theory And Dependency Theory Essay1571 Words   |  7 PagesFinal Exam Ehsan Rahmanian Professor Mitu Sengupta December 8 2016 1. What are the main differences between modernization theory and dependency theory? Does the human development approach represent a radical departure from both? Modernization theory is a hypothesis used to clarify the procedure of modernization that a country experiences as it moves from a simple society to a modern one. Dependency theory is the idea that assets spill out of a fringe of poor and immature states to a centre ofRead MoreIndian Foreign Policies : India s Free Global Market And Predictability Of More Economic Development799 Words   |  4 Pagesdeveloping and developed nations like India and China to be part of this group as a guest. Opens new vision for these nations to get benefitted in its annual meeting. When these highly industrialized nations are discussing multifaceted problems like Terrorism, Environment, women empowerment, economic development, global economic balance etc. Indian foreign policies reflect its agenda for equal distance with multipolar world representing worlds superpowers. Which has indebted India s free global marketRead MoreHow China Is A Boundless Nation1576 Words   |  7 Pagesboundless nation, situated in the eastern piece of the Asian mainland, on the western Pacific Rim. It takes the first place in population with approximately 1.3 billion people, occupying 20 percent of the Earth’s total population. At the same time China is as well the fourth biggest nation covering a definite zone of 9,596,960 square kilometers after Russia, Canada, and the United States. With extra seaward region, including regional waters, unique monetary regions, and the mainland retire, China s generalRead MoreWto Membership Opens The Market Of Developing Countries With Exploitation By Big Firms From The Industrialised Countries932 Words   |  4 Pagesimpacts of the WTO membership towards developing nations is the expanded defencelessness of thes e nations towards outer or local shocks. Subsequently, these variables could confine developing nations development prospects because of the nature that fares of most developing markets are product subordinate. In this way, outside stuns, for example, the breakdown of unrefined petroleum cost or financial stoppage could harm the Gross domestic product of nations, for example, Saudi Arabia (raw petroleum), MalaysiaRead MoreA Brief History of Unctad.1096 Words   |  5 PagesUnited Nations Conference on Trade and Developmement United Nations Conference on Trade and Development | Acronyms | UNCTAD | Head | Supachai Panitchpakdi | Status | Active | Established | 1964 | Headquarters | Geneva, Switzerland | Website | www.unctad.org | The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 as a permanent intergovernmental body. It is the principal organ of the United Nations General Assembly dealing with trade, investment,