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 linked States are c each(prenominal)ed developed acres. Kofi Annan, former deposit General of the United Nations, defined a developed country as fol abjects A developed country is one that allows all its citizens to enjoy a free and rock-loving life in a respectable environment. Developing country is a enclosure generally used to describe a nation with a low aim of material well-being.Countries with more advanced conomies than former(a) developing nations, but which have non yet fully demonstrated the signs of a developed country, are categorized as developing country. Developing countries are in general countries which have not achieved a significant degree of industrialization carnal knowledge to their populations, and which have, in around cases a median(a) to low standard of aliment. There is a strong correlation between low income and high popul ation growth. A developing country can be a resolvent of many characteristics resources, historical background, population, stinting structure and ystem.They are basically at a lower belongings developed country that reflects a trouble to gain levels ot living throughout most ot their population. Yet there nas been a signitlcant feeler by these countries general level of living as growth. Under-developed country is a edge generally used to describe a nation with lack of access to hypothecate 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 long-play in most cases than it should be.Furthermore, it results from the complex interplay of home(a) and external factors that allow less developed countries only a lop-sided development progression. underdeveloped nations are characterized by a big disparity bet ween their rich and pitiable populations, and an unhealthy balance of trade 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.