Developing country

A developing country (pronunciation: /dɪˈvɛləpɪŋ ˈkʌntri/), also known as a less developed country or an emerging country, is a nation or a sovereign state with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.

Etymology

The term "developing" refers to a currently observed situation and not to a dynamic or expected direction of progress. Since the late twentieth century, developing countries tend to demonstrate higher growth rates than developed countries.

Related Terms

Least Developed Countries (LDCs): These are countries which according to the United Nations have the lowest indicators of socioeconomic development.
Emerging Markets: These are nations with social or business activity in the process of rapid growth and industrialization.
Third World: This is a term that was originally coined in times of the Cold War to distinguish those nations that are neither aligned with the West nor with the East.

Health in Developing Countries

Healthcare in developing countries is varied and depends on public, private, and non-governmental organizations (NGOs). The World Health Organization (WHO) is the international agency that coordinates and acts on global public health issues. Most developing countries have the common characteristic of highly diverse healthcare systems with a large private sector and smaller but crucial public sector.

Education in Developing Countries

Education in developing countries faces challenges that include high illiteracy rates, lack of access to education, and high dropout rates. The United Nations Educational, Scientific and Cultural Organization (UNESCO) is a specialized agency of the United Nations aimed at promoting world peace and security through international cooperation in education.

Economy in Developing Countries

The economy of a developing country is often characterized by a large informal sector, a lack of access to financial services, and a heavy dependence on agriculture. The International Monetary Fund (IMF) and the World Bank are two of the most influential international financial institutions that provide loans and grants to developing countries for development programs (e.g., bridges, roads, schools) that are expected to improve the economic prospects and quality of life for people in those countries.

External links

Medical encyclopedia article on Developing country
Wikipedia's article - Developing country

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Developing country