Less Developed Countries Draper and Ramsay C7 & C8
Quick Review First, Second, Third World. LDCs, NICs, etc. HDI, per capita GDP, etc. Note: 20 rich democracies and 123 less developed countries.
Three Key Differences v. Rich Democracies 1.Higher percentage of citizens with low capabilities. 2.Less productive economies and vulnerability to external shocks. 3.Weaker, less democratic states.
Why Underdevelopment? Geography Culture Imperialism Leadership
Regimes in Less Developed Countries Authoritarian Developmental (SK and Taiwan) Predatory (Nigeria, Zaire) Democratic Developmental (Chile, CR, Mauritius) Fragmented Democracies (Brazil, India, Philippines)
Cases South Korea Nigeria Chile Brazil