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Stages of Development. To know the stages of development, and their associated characteristics. To understand that countries are categorized by their economic development. LDC’s. 9 Djibouti 26 Senegal 10 Equatorial Guinea 27 Sierra Leone 11 Eritrea 28 Somalia 12 Ethiopia
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Stages of Development • To know the stages of development, and their associated characteristics. • To understand that countries are categorized by their economic development.
LDC’s 9 Djibouti 26 Senegal 10 Equatorial Guinea 27 Sierra Leone 11 Eritrea 28 Somalia 12 Ethiopia 29 Sudan 13 Gambia 30 Togo 14 Guinea 31 Uganda 15 Guinea-Bissau 32 United Republic of Tanzania 16 Lesotho 33 Zambia 17 Liberia Asia (15) 1 Afghanistan 9 Nepal 2 Bangladesh 10 Samoa 3 Bhutan 11 Solomon Islands 4 Cambodia 12 Timor-Leste 5 Kiribati 13 Tuvalu 6 Lao People’s Democratic Republic 14 Vanuatu 7 Maldives 15 Yemen 8 Myanmar Africa (33) 1 Angola 18 Madagascar 2 Benin 19 Malawi • Burkina Faso 20 Mali 4 Burundi 21 Mauritania 5 Central African Republic 22 Mozambique 6 Chad 23 Niger 7 Comoros 24 Rwanda 8 Democratic Republic of the Congo 25 São Tomé and Príncipe * What on earth are LDC’s?
LDC’s LDC's are characterized by a marginal physical environment. The countries that fall into this category are, most of African countries, and many of thee Asian countries. The LDC countries have the following characteristics: • Little to no build-up of agriculture • Low energy production and consumption • Subsistance farming (farm only for themselves) • Large percentage of the population is under 15 (causing a high birthrate because a large percentage of the population is entering it's "reproductive stage") • Infant mortality rate is high • Poorly developed trade and transportation • Poor medical facilities • High illiteracy and unemployment rates • GNP is under $3,000 per year.
NIC’s NIC’s are countries whose economies have not yet reached MEDC status but are out developing similar countries. NIC’s are usually undergoing rapid economic growth (usually export oriented). NIC’s usually share some other common features, including: • Increased civil rights • Strong political leaders. • A switch from agricultural to industrial economies • Increasingly free trade with countries in the world. • Large international corporations setting up in the country. • Lowered poverty rates. • NIC’s often receive support from outside organisations or other countries.
Stages of Economic Development Stage 1: The traditional society Stage 2: The preconditions for takeoff Stage 3: The takeoff Stage 4: The drive to maturity Stage 5: The age of high mass consumption The United Nations groups countries into three categories: MDCs (more-developed countries) LDCs (less-developed countries) LLDCs (least-developed countries) Newly Industrialized Countries (NICs) - Countries that are experiencing rapid economic expansion and industrialization and do not exactly fit as LDCs or MDCs
Stages of Development The United Nations groups countries into three categories: • MEDCs (more economically developed countries) • LEDCs (less economically developed countries) • LDCs (leastdeveloped countries) NICs (newly industrialized countries) - are experiencing rapid economic expansion and industrialization and do not exactly fit as LDCs or MDCs
Rostow’s Model • What is Rostow’s model based on? • What is it’s most important purpose? • Discuss in pairs the 5 stages through which all developing societies must pass, based on his model for feedback
