Académique Documents
Professionnel Documents
Culture Documents
The development economist, Michael P Todora, produced a list of the common characteristics of developing nations:
3.
5. Substantial Dependence on Agricultural Production & Primary Product Exports The problem of over-dependence on agricultural commodities was examined in the context of the Terms of Trade.
1. Resource Endowment
It should be remembered that a lack of physical resources does not necessarily mean that a country cannot be successful. Japan is not well endowed with physical resources and Singapore has almost literally none. However, both countries have created economic miracles in the last 50 years.
7. Political Structures
Developing countries have very different political structures from each other. Democracies such as Brazil, Indonesia & Mexico Monarchies such as Brunei and Tobago Military Rule, such as Myanmar & Pakistan. Single Party Rule, such as China, Cuba & Syria Transitional Political Systems, where a country is in transition often caused by conflict and civil war and cannot be classified (eg: Somalia)
7. Political Structures
Within each structure, there are of course many substructures. Eg: Democracies may be presidential systems, semi-presidential systems, parliamentary republics or constitutional monarchies. The main point is that with developing countries being so diverse in their systems or government, it is very difficult to establish one-size-fits all solutions to developmental problems.
1b.