The Primary Economic and Developmental Impediments that Third-World Countries Face
High poverty rates, economic instability, and other similar aspects tend to come in and describe the term, Third World Countries”. While it was first used during the period of the cold war, its meaning has managed to evolve through time. Coming equipped with history, the modern era has stood to re-define the term and develop such countries to a large extent. Since some of these countries are also termed as developing nations, one can expect to witness a change in the near future. So to give you a better of all that is happening, here is the list of third world countries and the many problems they face.
Mexico is known to be both a Third World country as well as a developing country. Poverty and basic education stand to be ideal reasons as to why the country has been associated with a list of this nature. The underdeveloped neighbourhoods tend to be a primary point of concern as things begin to get worse from this point. But over the years, the country has also witnessed growth in the form of a law system, institutionalized government, healthcare, and other related aspects.
Just like Mexico, Brazil is also both a Third World country as well as a developing country. While the country was part of the definition by history, the central aspect of development is yet to strengthen the nation to a considerable extent. The low GDP per capita, high birth and death rates, and low living standards tend to revolve all-around this nation. However, being a part of BRICS has managed to shape their economy and place them in a comfortable path.
India is another Third World Country and also a developing country thanks to the many issues it has been facing since the days of independence. The high poverty rate, outdated caste system, corruption, and various other significant aspects have managed to place the world’s biggest democracy in a list of Third World Nations. Like Brazil, India is also a part of BRICS and has been making changes to enter a different sector of development.
The Philippines is a Third World Country and a developing nation that has not been able to control its low GDP per capita. Moreover, infant mortality is high, and many of the country’s citizens are yet to receive access to basic health care. As a result, when you sum up these indicators, you will be left with the actual reasons as to why a country like The Philippines is still a part of this list.
Moving forward towards the path of development might not be as easy as it sounds, but one can surely propel ahead to make the right changes.