Analyze Globalization’s Impact on Singapore’s Development Essay

A group of industrialized nations including Australia, Austria, Canada, France, Germany, Italy, Japan, the I-JK, and the United States atomic number 18 called developed country. Kofi Annan, former Secretary General of the United Nations, defined a developed country as follows A developed country is one(a) that allows all its citizens to enjoy a free and healthy life in a safe environment. Developing country is a term chiefly employ to describe a nation with a low take of material well-being.Countries with more advanced conomies than other developing nations, but which get not yet fully demonstrated the signs of a developed country, argon categorized as developing country. Developing countries are in superior familiar countries which have not achieved a significant degree of industrialization relation back to their macrocosms, and which have, in close cases a medium to low standard of living. in that location is a strong correlation between low income and high population g rowth. A developing country can be a resolving power of many characteristics resources, historical background, population, economic structure and ystem.They are basically infra developed country that reflects a failure to gain levels ot living end-to-end most ot their population. Yet there nas been a signitlcant improvement by these countries general level of living as growth. Under-developed country is a term principally used to describe a nation with lack of access to frolic opportunities, health care, drinkable water, food, education and housing. Underdevelopment takes place when resources are not used to their fullsocio-economic potential, with the result that local or egional development is slower in most cases than it should be.Furthermore, it results from the complex interplay of internal and external factors that allow less developed countries besides a lop-sided development progression. Underdeveloped nations are characterized by a gigantic disparity between their ri ch and poor populations, and an unhealthy balance of cover STATISTICS It is considered that the countries with more than $735 per capita income per year is termed as developed country. In 2002 PCI was $480. So, Technically India is a Developing country not a Developed Country.